Goods received not invoiced

Requirement

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

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

M3 solution

The detailed AP report lists all open purchases 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
APS460	VAT Accruals Round. Create proposal	The detail or summary per PO can be selected as the report layout. The proposal can be printed, displayed, or validated.
CRS395	Accounting Rule. Set	Configure accounting events AP46.