Clients find it absolutely impossible to reconcile and audit their PO Accrual accounts using the reports in tools within Acumatica. There are several reasons for this:
In short, this report is unreliable from an accounting perspective is in need major enhancements. We'd like to have such a report this is period sensitive and segregates the impact of Purchase Accrual account for regular POs and Drop Ship POs.
Section 1 should include Regular PO Receipts that have not yet invoiced by the vendor. These represent the net credits to the PO Accrual account for regular POs as of the end of the financial period.
Section 2 should include Drop Ship PO receipts that have been invoiced to the customer, but not yet billed by the vendor. These transactions represent net credits to the PO Accrual account for Drop Shipped POs as of the end of the accounting period.
Section 3 should include Drop Ship PO receipts that have been invoiced by the vendor, but not yet been billed to the customer as of the end of the accounting period. These records represent net debits to the PO Accrual account that are outstanding pending the invoice to the customer.
Section 4 should include Drop Ship PO receipts that have neither been invoiced to the customer nor billed by the vendor. These transactions currently have no accounting impact to the PO Accrual account given the current business logic in Acumatica. This section should be informational.
Drop ship PO workflows are a particular pain point for a lot of customers when not managed effectively. Obtaining the data and accounting impact of drop ship PO receipts is difficult to get to and understand, which makes reconciling these accounts very difficult.