How Vendor's Invoice Costs Affect Cost Buckets

Post date: Dec 23, 2011 3:7:53 PM

When an invoice is received from a vendor for something received on a PO, and the invoice is posted in IC, the program checks to see if the invoiced cost of the receipt is different than the received cost for that receipt.  If it is, then it looks at each line on the receipt.  If a line is for an inventory item, then the program looks to see if the receipt bucket STILL HAS THE SAME quantity and cost as it did when it was received.  If it does, the program creates an adjustment to THAT cost bucket for the difference between the received amount on that item and the invoiced amount on that item.

If the either the qty or the cost in the receipt bucket has changed since it was received, then the program creates a NEW bucket, and puts the cost difference into that bucket.