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Answer

Recognize PPV on inventory receipt

  • February 2, 2021
  • 2 replies
  • 492 views

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We would like to recognize purchase price variance on receipt of inventory vs when an invoice is processed.  Is it possible to do this?  Is there an associated posting control that we can setup to help us with this?

Best answer by Nancy Fink

Please go to company - then distribution tab - then inventory tab and see if you have post price difference at arrival checked - - with this checked - you should then see a PPV on arrival transactions

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2 replies

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  • Superhero (Employee)
  • Answer
  • February 2, 2021

Please go to company - then distribution tab - then inventory tab and see if you have post price difference at arrival checked - - with this checked - you should then see a PPV on arrival transactions


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  • Author
  • Do Gooder (Customer)
  • February 2, 2021

Perfect.  Thanks Nancy!