Product receipt postings with and without Item Requirement on the Project
Item requirements NOT used on the project
When the Item requirements are not used on the Project, then at the time of Project PO receipt postings, cost is not consumed on the project. Please find below the postings at the time of product receipt and supplier invoice.
PO created for an Item A for GBP 4000.
PO receipt postings
Dr Cost of purchase material received 4000
Cr Purchase…
Continue Reading noreply@blogger.com (Sarang Kusare)’s Article on their blog
Product receipt postings with and without Item Requirement on the Project
Blog Syndicated with noreply@blogger.com (Sarang Kusare)’s Permission
More About This Author
Array
- Finance & Operations17 January 2023On-account on a T&M project and dimensions
- Finance & Operations22 April 2022Customer advance and NTE
- Finance & Operations21 April 2022Creation of Credit Note in ProjOps
- Finance & Operations10 March 2022Project Contract – Before and after confirmation