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Forums Enterprise Resource Planning & Manufacturing Lawson S3 Procurement

prepaid POs

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TerryL
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Posts: 47
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10/27/2009 9:21 PM

We are trying to set up service POs for equipment maintenance. When we do the PO for the total year amount, say $12,000, the whole amount hits the current period as an expense. How can we enter the PO Line so that only the current months fee of $1,000 is expensed.

 

 

itsjustme
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10/28/2009 6:03 PM
We haven't found a way to do that, our GL does a Journal Entry to spread the cost over the next 12 months as accrued or estimated liability and as each invoice gets paid, it washes somehow. Not sure exactly what accounts they have is set up to hit, etc.