Re: Receiving and costing at expected price

(Vendor)

Issac

Do you want the GL postings for the receipt and invoice matching to
record the PO expected price?
If so, you need to configure your CEA models to use the macros such as:

PECSTITH (INV920 PO receipt - Accrued Liability)
PECSTAP25 (ACP500 PO + Invoice match - Accrued Liability reversal)
PECSTAP11 (ACP500 PO + Invoice match - PPV)

However, I am not sure if they only came in 8.3.2 - you could check your
available macros detail in GAM file

Some processing points:
i) these macros use the actual PO expected price from the PO at the time
of the receipt/match (so if the PO price is changed on the order line
between receipt and invoice then you will have a PPV)
ii) you may need to think about how you value your inventory stock
during the GL posting of the receipt (because if you want stock to still
be @ Std cost then you will need to add additional lines to your model
to post the difference to a PPV account

Best Regards

Tony Cregg

ESS Ltd

M +44 (0) 7803 116 258
E tony.cregg@xxxxxxxxxxxxxxxxxxxx
W www.essentialfinance.net

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Today's Topics:

1. Receiving and costing at expected price (antwi, isaac a.)


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message: 1
date: Mon, 22 Jul 2013 19:50:53 -0000
from: "antwi, isaac a." <iantwi@xxxxxxxxxxxxxxxxxxxx>
subject: [BPCS-L] Receiving and costing at expected price

Hi All



I want to receive items at expected price and also to cost at the same
expected price. How do I configure BPCS to do this? We are on ERPLX
8.3.1



Thanks & Regards,

Isaac Antwi

AGA Ltd

Ghana




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