Hi team,
While doing product receipt, the system is posting like below (900 is the standard cost & 1000 is PO unit price)
Purchase expenditure, un-invoiced a/c Dr 1000
Purchase accrual Cr 1000
cost of materials received Dr 900
PPV Dr 100
Purchase expenditure, un-invoiced a/c Cr 1000
My question is what is the necessary of "Purchase expenditure, un-invoiced" account ?
The system can directly post the entry as below
cost of materials received Dr 900
PPV Dr 100
Purchase accrual Cr 1000
Why system using such intermediary account.
