Received Not Invoiced Account

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Posted on by john.ellis

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Hi:

In Business Central Purchasing, is there a "mechanism" for Received/Not Invoiced accounting were a G/L account is used as the "clearing account" between the time of receipt and the time of invoice?

Thanks!

John

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John,

You would setup and activate Expected Cost on the Inventory Setup page. Turning this on will book the Accrual for Received Not Invoiced and Shipped Not Invoiced. You setup the GL Accounts to post these Interim entries (See Posting Group Setup for Inventory and General Posting Setup).

Thanks,

Steve

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