when a po is entered, is it recorded to the general ledger?
and what happens to the general ledger when an invoices is paid against that po?
Hi Christy,
Ledger impact occurs when you receive the material against the PO - usually, credit to inventory and debit to an accrued liability account. Furthermore, you’ll have ledger impact when creating the voucher that pays the PO/receipts. There, you’ll offset the accrued liability (from receipt) with an accounts payable entry.
See our AP videos that walk you through how to create vouchers - How to Enter a Voucher in Cetec ERP - YouTube