Use the A/P Open Lot Item screen to specify vendor invoice amounts related to completing reconciliation for a lot item. This screen only displays if a lot item is on the specified order generation. Enter the vendor invoice amount that relates to the Lot Item in the A/P Billed field. You can access this screen by entering the Direct P/O number in the Ship From field on the A/P Entry screen.
For more information about how to use this screen, see Reconciling Lot Item Shipments.
If a direct shipment order includes lot items, the system invoices the customer as soon as the purchase order has been reconciled.
The system posts general ledger allocations of costs, sales, discounts, freight, and handling to each product on an order. In the case of lot item orders, the system posts only to the lot item product, not to its material detail.
A lot item is considered open until all customer and vendor billing is complete and all generations are complete or canceled. At this point, the amount in the A/R Billed field equals the amount in the Lot Price field, and A/P Billed equals Lot Cost.
To process lot item order shipment reconciliations, use the following procedures:
See Also: