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PO - want to Expense when recd

edited Dec 23, 2019 10:56PM in Accounting / ERP 6 comments

I have been using NetSuite for 2 years, but we are just beginning to create Purchase Orders through the system.

I want the items to be expensed to COGS only when they are actually received. 

According to the GL impact, they are being expensed upon creation of the PO, which can be created far in advance of the product being received.

What's the trick?

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