INVOICE APPROVAL > Reports > A/P accrual
This report lists all open receipts that have been entered but have not yet been matched to Invoices. The report can be printed by date range and can optionally include summaries by currency code and by G/L Account and Cost Center.
This report can be used by the Accounts Payable department who may need to calculate accruals for their month-end and year-end financial reporting.
On the report, the “EXPECTED INV” Column indicates the expected amount of the (pending) invoice, based on the unit value of the PO line item and the quantity received (note the “QUAN. RECEIVED” Column). The amount of each PO line that has been invoiced so far is also shown for your reference (the “YTD INV” Column).
Noteworthy Questions & Options
•The date range filter refers to the date of each receipt transaction.
•You can optionally include account code summaries. If so, in addition to the primary report that will list accruals based on whichever sort order you select, you will also get separate reports of the accruals, sorted and summarized by Cost Center and G.L. Account Code.
