Procurement - EBS (MOSC)

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Would the 'CLOSED' status Purchase Order be accrued although received quantity is not fully billed?

edited Jan 17, 2013 11:15PM in Procurement - EBS (MOSC) 8 commentsAnswered
Hello All

if the received quantity is not fully billed and the PO is in 'CLOSED' status, will it be accrued when the Period-End Accrual run? I know that 'Finally Closed' will not be accrued but I have some confusion around 'Closed' Status POs. I have got a white paper which explain the as below

"Enter and match all invoices you received during the period for your receipt accrual entries. You should make sure that you solve all posting holds problems in Payables before  ccruing receipts.Purchasing creates accrual journal entries for all purchase orders you received and did not match to an invoice. If you matched a purchase order or receipt to an invoice,  urchasing does not accrue the corresponding receipts.

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