Now we having the below problem. Not sure if anyone can help to solve it or give any suggestion.
For Inbound shipment - We always based on receiving date to book into system instead of invoice date .
The standard entry as below as per accumatica entry that receiving inventory into system
CR PO accured
DR PO accured
CR Account Payable.
Currently, as our financial cut off date will be on 31 Mar 2021.
Which mean we need to book in the inbound shipment as per invoice date for 31 Mar 2021 instead of receiving date .
Example: Invoice date : 31 Mar 2021. ETA factory is 3 April 2021. Inventory qty : 1000pcs Value : USD1000
We have to enter above invoice on date 31 Mar 2021 , however the inventory is not yet arrived factory yet so we should part under “Goods in transit “ instead of “ Inventory”
May i know anyone know how to do this kind of transaction ?