AccountMate 12 for LAN
AccountMate 10 for LAN
AccountMate 9 for LAN
AP, PO, GL
AccountMate provides users the option to accrue liability for purchase receipts for which no invoices have been received so that your inventory quantities match the Inventory GL Account ID balance. Purchase receipts accrual affects the Accounts Payable balance in General Ledger (GL); thus, it is important to establish the accuracy of the balance held in the Accrued Received Goods Liability GL Account ID.
One way to achieve this is to reconcile the Accrued Received Goods report in the Purchase Order module and the Accrued Received Goods Liability GL Account ID balance. Reconciliation helps prove the accuracy of the accrued purchase receipts transactions that comprise the Accrued Received Goods Liability GL Account ID balance.
Article #1311: Reconciling the Accrued Received Goods Report with the Accrued Received Goods Liability GL Account Balance, discusses the factors that should be considered in the reconciliation and the formula used.