Purchase Order – Purchase Journals

Overview  This document will serve as an overview of the functionality available via Purchase Orders and the AFP tool to create a purchase order, purchase order receipt, and purchase journals.  It will illustrate receiving an item with cost types of standard, average, and last.    Definition: Whenever a purchase order is received, a journal can be […]

Continue readingMore Tag

Purchase Order – Purchase Price Variance

Overview  This document will serve as an overview of the functionality available via Purchase Orders and the AFP tool to create a purchase order, purchase order receipt, and purchase price variance.  Definition: Purchase Price Variance compares the cost of an item which is coded as having a “Standard” cost type, to the purchase order price. […]

Continue readingMore Tag