If a stock not managed item is entered on a purchase order and received, there is no accrual upon goods receipt. It's only when the AP Invoice is entered that we would Dr Expense Cr AP. If stock not managed items wrote STOJOUs then we could have a purchase receipt Dr Expense, Cr GRNI (as is done with a stocked item) and it would would leave the RNI entry available for matching to the AP invoice. Of course there's the added benefit of having an accrual made upon receipt of the goods or service, thus giving a more accurate picture of the financial position.
by: Glenn C. | over a year ago | Distribution
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Glen just an FYI there is an invoices to receive function that can run for non stock managed products. This will generate your accrual entry.