Service Order Non-Inventory Material Purchases
Similar to jobs and projects in standard Service Management, the user now has the ability to create and post SRO material
transactions that are cross referenced to a PO for items that are not in the item master.
In the past, expenses for these types of purchases would have needed to go through the SRO
Miscellaneous Transaction posting.
Enter a planned material transaction for an item that does not exist in the item master. Note the Impact Inventory check box is cleared and both the cost and price fields have a default value of zero. After saving the planned material transaction, cross reference it to a purchase order. This should create a Planned Purchase Order line for the non-inventory material. When the PO is received, the SRO material transaction will be posted.
The journal entry looks like this:
| Transaction Description | Debit | Credit |
|---|---|---|
| PO Receipt | Vouchers Payable | |
| G/L Account on PO Line | ||
| Posting Planned Tran | G/L Account on PO Line | |
| SRO WIP or COGS Account |