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. When the system creates the voucher, it does not include the use tax in the gross amount of the voucher, nor does it include it in the amount of the expense distribution. The system records the tax in a separate account that is offset when you remit the tax to the tax authority.

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 (1,000) Expense Account from PO line	. . . 1,000	.
Post General Ledger (R09801) Posts the voucher to the general ledger	FIN - PT FIN - PC	F0911	Use Tax Payable AP Trade	.	100 1,000

Program

AAI*

Table

Accounts & Fields Updated

F0911 DR

F0911 CR

Voucher Match (P4314)

Creates a voucher

F0411

F0911

Taxable (1,000)

Tax (100)

Gross (1,000)

Expense Account from PO line

1,000

Post General Ledger (R09801)

Posts the voucher to the general ledger

FIN - PT

FIN - PC

F0911

Use Tax Payable AP Trade

100

1,000

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