Page History: Journal Entry Architecture - PO Receipt
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Page Revision: Tue, 16 Sep 2008 14:00
General Info
A PO Receipt will debit an Inventory Control account and credit PO Clearing (aka Accrued AP).
The PO Clearing account is always determined by the
receiving warehouse.
When a
stock item is received, the Inventory Control account is determined by the Control Account listed on the
OHF tab of the Item Master.
If that account is blank or invalid, then the Control Account listed on the
Warehouse screen will be used.
If that account is blank or invalid, then the Control Account listed on the
CID Maintenance screen will be used.
Non-Stock items follow the same rules, however the user may enter a
GL account directly onto the PO to debit another account.
