Purchase Orders Processing

Aqilla provides for a full Procure to Pay solution.

Purchase Orders

Purchase Orders are created, which post information to the Hard Commitment ledger for optional commitment accounting.

Goods Receipts may be recorded against a purchase order. This is an optional step based on the setting in Company information. Goods Receipts reduce the commitment and accrue the cost. If inventory is enabled, the inventory is increased by the quantity received.

Purchase Invoice Matching

Purchase Invoice Matching matches the supplier's invoice against the purchase order and optionally goods received.

If the Goods Receipt stage is enabled, the accrued cost is reduced and the costs posted to the relevant cost accounts.

If the Goods Receipt stage is not enabled, the commitment is reduced and the costs posted to the relevant cost accounts. If inventory is enabled, the inventory is increased by the quantity received.