WIP Reconciliation Report

Kinetic ERP
1

Newbie

When I create a new PO for “other” for example office supplies should this show up on the WIP Reconciliaiton Report? I am still trying to figure out exactly how Kinetic Processes everything.

My thought would be that a “other” expense would just go straight to the GL when AP processes the invoice not to a WIP Report. Am I missing something or is this just the way Epicor does it.

2

If there is a PO receipt, there is a transaction and so no, the receipt does not hit the GL immediately.

But AP invoices do post as soon as that person posts the group.

So, is the invoice connected to a PO receipt? (Sounds like no…)

3

Sorry I didn’t give enough detail.
I am doing this is in test.

  1. Enter PO
  2. Receive PO
  3. Enter Invoice
  4. Post Invoice
    then it shows up in the WIP Report as unposted.
4

Yep, that’s right. it’s the receipt that is unposted. You have to run “Capture COS/WIP” for it to post.

Whereas AP invoices never, ever show up in the Inv/WIP Reconciliation report - regardless of posted or not.

Inv/WIP is for things that hit the PartTran table (and also Labor), regardless of whether it is an “inventory” part or not.

To beat the dead horse, all PO Receipts hit PartTran even though these “other” ones don’t show in Part Transaction History Tracker, for example.

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5

Thanks so much. That makes sense but I am not sure I really like that process. Also, when you run the Capture it appears to me that it is an all or nothing process. You can pick and chose what you want to post?

6

Pretty much.

You have date cutoffs, but I think that’s it off the top of my head.

And you may have inferred that it is possible to capture “everything” through Feb 28, for example, then backdate a receipt to Feb 27 and the next capture won’t automatically go post that backdated receipt unless you tell it to.

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