Objective of this function:
| Configurations |
|---|
1.Add New GL Code for the accruals transaction posting
Menu Path: Accounting > Maintenance > Configuration > Add GL Code
1.1 GL Short Hand : accPayableInTransit
purpose: to record the supplier account when creating GRN. Later will transfer to accPayable when converted GRN to SINV
1.2 GL Short Hand: costVariance
purpose: to record the cost difference between GRN and SINV
1.3 GL Short Hand: gstInputNotDue
purpose: to record Input Tax from GRN, later will transfer to Gst Input tax when converted GRN to SINV
2. System Configurations
2.1 Menu Path: Control Panel > System Admin > EMP Configuration > Procurement >
1. SINV auto created when creating GRN & CM auto created when creating Purchase Return : Tick Disable
2. Account Payable Not Due GL : GL Short Hand: accPayableInTransit
3. Credit Memo & Supplier Invoice Variance GL Short Hand : GL Short Hand: costVariance
2.2 Menu Path: Control Panel > System Admin > EMP Configuration > Tax > Purchase (Input Tax) >
Default GL Code for GST Input Not Due: gstInputNotDue
Transactions |
|---|
Goods Receiving process
1.When receive DO from Supplier, create GRN as normal, after save GRN, system not create any SINV
Menu Path: Procurement > Transactions > Direct Receiving Stock
2. After received Supplier Invoice, Convert GRN to system SINV:
Menu Path: Procurement > Reports > GRN Listing : Actions > Supplier Invoice Create
Goods Return Process
1.Create Purchase Return as usual, system created Purchase Return (PR) document only, without Credit Memo
Menu Path: Procurement > Transactions > Purchase Return by GRN
2.After received Credit Note from Supplier, convert the PR to CM
Menu Path: Procurement > Reports > Purchase Return Listing : Actions > Create Credit Memo
