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How to calculate Vendor Bill Variances?
Hi Guru's,
I don't quite understand how the Match bill to Receipt works on the item.
I have tested various purchase orders, receipts and vendor bills, but I do not really understand where certain bookings come from.
Example 1 (INK23.0033 - Match Bill to Receipt = True)
PO - Quantity 20, Rate 285
IR - Quantity 20
Bill - Quantity 20 - Rate 290
Expecting a Journal entry 20 x €5 (Difference) = €100
JE amount - €5800
Example 2 (INK23.0036 - Match Bill to Receipt = False)
PO - Quantity 20, Rate 285
IR - Quantity 20
Bill - Quantity 20 - Rate 295
Expecting a Journal entry 20 x €10 (Difference) = €200
JE amount - € 200 (this is correct in my opinion)
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