Have a few issues with Unposted activity on the financial statements...
1. Items posted on the GL, but appear on the Unposted activity detail in our financial statements
2. PO Batches posted and released, but no associated GL batch was created and I cannot locate where this might be to complete the posting.
Any direction would be appreciated.
Thanks
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We do not use inventory. We use a third party system for purchase orders and receipts. When the PO is received in the third party system it pushes the receipt to Receipt/Invoice Entry (04.010.00) and the release of that batch creates an entry in Journal Transactions (sub-ledger for PO). It seems these unposted transactions haven't made it to the GL, even though the Receipt/Invoice Entry batch is fully posted. I'm not entirely sure if I'm using the correct language here, but I'm hoping someone out there understands what I'm trying to say...
About the second question, under SL the original PO Receipt batches never really get posted in GL.
The scenario is as follows:
This might come very annoying when trying to trace PO transactions. I really don't know why is this so. My guess is that this allows for more complex inventory costing scenarios. So, the definitive GL batch may include all the PPV and freight expenses, but the original batch sticks with quantities.
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