Hi guys can anyone suggest me ..is it possible to turn off GL impact on item receipt which is created from purchase order
Thankd in advance
c
Clay Roper
07/31/2020, 2:20 PM
Why do you want to avoid a GL impact?
r
Ramanand Dubey
07/31/2020, 2:24 PM
@Clay Roper it is business need, is it possible?
c
Clay Roper
07/31/2020, 2:27 PM
Not that I'm aware of. In my experience, for inventory items, the Item Receipt is the point at which the acquisition of goods at a location requires recognition of the value of those goods as an asset of the company. I don't know how you can avoid the impact on your inventory asset GL account(s). My experience is specific to our company's configuration and feature set, so I can't speak comprehensively on the subject.
r
Ramanand Dubey
07/31/2020, 2:28 PM
@Clay Roper no problem,,thanks so much
h
Howard
07/31/2020, 5:25 PM
you could probably create a Custom GL Plug In that reverses the GL Impact but the value would have to go somewhere
Howard
07/31/2020, 5:26 PM
Also if the PO has $0 dollar on it and it gets received there should be no GL Impact on the IR