Okay so here is my NetSuite accounting Q: When I issue a PO to a vendor for an expense account such as Professional Services, then I receive against that PO, why is there zero GL Impact on my IR (item receipt) at this point? What am I missing? Isn't this just basic accounting here? Once you have received the sh*t, doesn't GAAP want you to record the transaction as a credit to GRNI and a debit to Pro Services expense...? Then when the VB comes in you clear the GRNI account with a DR and add a CR to A/P! Am I wrong? Okay, I know that is like four questions... but you get it right?

If you post directly to expense account instead of using Item records, you lose the option to accrue at the time of Item Receipt. You should be using a Service Item linked to the PS account. The Can Be fulfilled/Received and the Generate Accruals must be enabled in that Item record under the Preferences subtab. This will allow you to have a GL impact like you expect above.

Yeah thanks I thought you'd say that... it is the only way Ive ever gotten it to act correctly... even tho it oughta accrue upon the receipt.