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Hi, we had a no-part PO received and then found out the cost was actually lower.  The buyer reopened and corrected the PO lines so that the invoice can be matched (invoice has not been entered yet). Finance is asking me-how does the general ledger expense account get corrected to the new amounts?

Am I correct that there is no other way to correct the costs on the GL from the purchase transaction  ARR-NONINV other than cancelling the receipt and re-doing it?

Hi,

 

Posting the matched invoice line should eventually correct the differences when the difference is within the set tolerances, should you have a difference higher than the allowed tolerances a manual correction line could be added to accommodate for the difference booking.

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