|
The accrued purchases report displays key
information for purchase order lines that
have been received but not invoiced. The
only input required on the report is a
cutoff (or as of) date. If postings are done
properly, the balance on the report will tie
to the balance of the accrued purchases
ledger account for a month end cutoff.
Details
The report looks at the physical and
financial date on inventory transactions to
determine what was outstanding as of the cutoff
date. The key fields on the report are:
- Account Number – Vendor number from the PO
- Item Number
- Inventory Quantity – Quantity
remaining to be invoiced
- Project – Project
number on the PO (if applicable)
- PO Number
- Physical Date – Date the transaction was
posted
- Accrued – Total Accrued Amount
Below is a portion of the report. The
Accrued column should tie to the general
ledger (click to enlarge in a new window).
 |
