Post to Accounts Payable – When enabled (recommended), receiving purchase orders will generate entries in Accounts Payable and General Ledger. The inventory receipts on POs will be accrued if received before obtaining the vendors invoice. Once the invoice is received, the AP entry is done from within the PO and the accrual is reversed. If the invoice is available on receipt of inventory, then the AP entry is posted without the accrual.
Allow over-receiving – If checked, then the user can receive more than what was ordered on a purchase order.
Include vendor freight in landed cost – If checked, purchase orders accrue freight and duty on receiving.
Warehouse/Purchasing Taxes – Set the default tax jurisdictions that get added to a warehouse when they are created.
Use Incoterms – If selected, it will enable Incoterms on Purchase Orders, on the Main tab and within the General section.
