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Voiding Only unprocessed or not loaded Delivery Tickets may be voided from Inventory / Delivery Tickets by using Void . If a ticket is processed, the Invoice could be voided to re-open the Delivery Ticket, and then the Delivery Ticket co...
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There are a variety of ways freight is handled when entering a purchase, depending on if the freight vendor is the same as the product vendor. Product Vendor is the Freight Vendor It is easy to apply the freight cost to the product if the product ...
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When using transactional posting, the appropriate inventory asset account is updated along with each sale or purchase transaction. This maintains the value of inventory throughout the month as inventory movement is processed. A G/L detail entry is c...
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Consignment is a common situation in which the vendor stores product at the company's location for use but doesn't bill the product until it is sold. The vendor is notified to release a quantity of the product at which time a bill for that quantity ...
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It is best to wait until month end to change an inventory department to an estimated average cost department. To make the change, do the following: Edit the desired departments to change the posting to estimated average cost. This option is found ...
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Free product is often given by vendors as payment. The method of posting the product depends on the situation and, in the case of rebates, depends on how the gain should be recognized on the financial statement. Following are some examples: Free ...
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Informal product quotes given to farmers are often not conveyed soon enough to who is doing the invoicing and may result in an Invoice that does not reflect the price quoted by the salesperson. By using the Product Quote feature of Agvance, these ...
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Reprint an intercompany transfer at Accounting / Inventory / Purchase Receipts . In the Filter area, check Show Intercompany Transfers . Highlight the transfer to be printed and click the Reprint button. ...
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The Physical Inventory Management utility is not intended to replace the original Inventory Adjustment feature. The following situations should be handled with Inventory Adjustments: You are adjusting just a few products, and extra time for resear...
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The 941 liability can be displayed for any date range or check number range by printing the payroll Check Register report with Tax Withholding set as the Style for that range. The 941 deposit amount prints at the end of the report on the Liabil...