Goods delivered not invoiced accruals

Requirement

It is a common requirement that users can generate, from an accounting system, a report on accounts receivable that specifies the delivered goods for which the invoice has not yet been issued.

Accounting entries are created, with VAT, to report in advance the delivered goods. These accounting entries are automatically offset on the first day of the next period.

M3 solution

The detailed AR report lists all open customer orders with the status ‘Delivered and not invoiced’. Users can display and print details, and create accounting transactions from the proposal.

Configuration guidelines

Program ID	Program name	Description or comment
ARS470	VAT Accruals Round. Create proposal	The detail or summary per CO can be selected as report layout. The proposal can be printed, displayed, or validated.
CRS395	Accounting Rule. Set	Configure accounting events AR47.