Purchasing for Nonstock Items - Two-Way Voucher Match

When you use two-way voucher matching, the system does not use the Received Not Vouchered accounts because you do not enter purchase order receipts; you enter the purchase order and create the voucher. The system does not record the sales tax in any general ledger account at any time during the process. The system records the sales tax on the voucher only and includes it in the amount of the expense distribution. The system does not record sales tax in a separate account because you do not remit it to a tax authority; the supplier pays it.

Example: Purchasing for Nonstock Items - Two-Way Voucher Match

Program	AAI*	Table	Accounts & Fields Updated	F0911 DR	F0911 CR
Voucher Match (P4314) Creates a voucher	.	F0411 . F0911	Taxable (1,000) Tax (100) Gross (1,100) Expense Account from PO line	. . . 1,100	.
Post General Ledger (R09801) Posts the voucher to the general ledger	FIN - PC	F0911	AP Trade	.	1,100

Program

AAI*

Table

Accounts & Fields Updated

F0911 DR

F0911 CR

Voucher Match (P4314)

Creates a voucher

F0411

F0911

Taxable (1,000)

Tax (100)

Gross (1,100)

Expense Account from PO line

1,100

Post General Ledger (R09801)

Posts the voucher to the general ledger

FIN - PC

F0911

AP Trade

1,100

* DM - AAI = Distribution/Manufacturing AAI (F4950); FIN - AAI = Financial AAI (F0012)