Receiving Other Purchases

The Receiving Other Purchases option is for the receipt of purchases entered through Other Purchase Orders. Once the receipt has been entered for an "other purchase order", the status changes from open to pending.

The use of Other Purchase Orders is a three-step process:

• The Other Purchase Order is entered through Other Purchase Orders.
• When the purchase order is received the receipt is entered in Receiving Other Purchases.
• The transaction is recorded in accounts payableAccounts payable (AP) is money which a company owes to vendors for products and services purchased on credit. Accounts payable appears as a current liability on a company's balance sheet. and posted to the ledger in Complete Other Purchases. Other purchase orders become vouchers when completed and are paid through hand checks or check processing.

Changes can be made to the Other Purchase Order quantities and/or amounts until the purchase order is completed. Once completed it must be changed in Voucher.

Security Required : Purchasing - Other Purchasing