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ID613 - Vendor Cost Variance on PO Receipt to PO Voucher Overview & Sample:

This alert compares the vendor invoice price with the purchase order price at the item detail when an invoice voucher is keyed and reports on the variance.

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Overview | Samples | Variables | Alert Functionality | Best Practices & Tips | Related Alerts

 

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Overview

Overview

This alert compares the vendor invoice price with the purchase order price at the item detail when an invoice voucher is keyed. PO Processor will automatically update the cost of an item if, when the item is received, it shows a different price than the price from the PO when it was received into inventory. This alert will let you know when any change happens, so that the price change doesn't go unnoticed.

 

Run Schedule:  Weekday mornings

Type of Output: Email

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Sample

Sample

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Variables

Variables

This alert has no variables.

 

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Alert Functionality

Alert Functionality

1. The alert compares the price of the item at the time of the PO receipt:

PO_Receipt.png

To the amount for the item on the vendor invoice:

AP_Voucher.png

When these amounts differ, the alert will trigger.

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Best Practices & Tips

Best Practices & Tips

None at this time.

 

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Related Alerts

Related Alerts

ID51 - Unvouchered Receipts Greater than Variable W Days

ID518 - Vendor Price Trends Report

ID642 - Audit Log Report of Vendor Item Cost Change

 

 

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