Auxiliary Voucher Accrual Example

Parts inventory purchases were received in September of 2009 but the actual invoice was not recorded in the accounts payable system until October of 2009. After selecting the Accrual (AVAE) option, a reversal date is entered to indicate when this accrual entry should be automatically reversed. In this example the entries are reversed on October 15th, 2009. The invoice payment is recorded in the appropriate object code (8303 Inventories-Service Parts is used in this example) and an accounts payable liability is recorded as well.



Auxiliary Voucher Recode Example