balance Here are five possible reasons your purchases clearing account in the MAS90 or MAS200 Purchase Order Module (PO) may not tie out.

1. A Journal Entry made to your purchases clearing was made directly through a GL journal entry or Transaction Journal entry.  Thus…

  • PO module won’t know

2. The Invoice is received and entered into Accounts Payable, either posting or not posting to the Purchases
Clearing Account, Thus…

  • PO module won’t know

3. A receipt entry is done in Inventory, and hasn’t been cleared through a PO receipt of goods,

Thus…

  • PO module won’t know

4. A Receipt of Goods is done at one cost, and a partial Receipt of Invoice is done at different cost.  This can get tricker.

Thus…

  • The variance will recognized when final Receipt of Invoice is done – and will post to the PO Variance account in the Product Line

5. After the Receipt of Goods the cost on the Purchase Order is modified by somebody