Processing Expense POs
Expense Purchase Orders are used to pay for services to be provided.
Process Definition:
Expense Purchase Orders are used to pay for services to be provided. Examples of expense purchase orders are utility bills, phone bills, legal fees etc. These invoices are entered using a purchase order since all invoices require a purchase order in Deacom. The Expense PO will define the items/services to be provided by a single vendor along with the appropriate payment terms, item descriptions, quantities, and all other obligations and conditions.
Process in Deacom:
- Navigate to Purchasing > Order Entry.
- On the General tab:
- Select appropriate vendor in the ‘Vendor’ field.
- Once a Vendor is selected, the other fields will automatically populate with the order defaults from the vendor record but can be overridden by the user.
- Select the appropriate ‘Facility’ for the expenses.
- Ensure ‘Order Type’ is set to “Purchase Order”.
- Select appropriate vendor in the ‘Vendor’ field.
- On the Dates tab:
- Enter any applicable dates.
- Click the + button on the Lines tab to add a part to the order.
- If there is a designated part number:
- Use the ‘Part Number’ field to select the non-stock item associated with the expense.
- If there is NOT a designated part number:
- Enter a ‘Description’ of the expense/service.
- Select the applicable ‘Charge To’ account.
- If the invoice should be split between different accounts, enter a new line item for each different account.
- Enter a ‘Quantity’, typically, with Expense POs, the quantity will be “1”.
- Enter a ‘Unit Price’ (this is the amount of the invoice attributed to the account on the line item).
- The ‘Purchase Unit’ and ‘Pricing Unit’ should typically be set to “Each”.
- If adding more lines to the purchase order, click the Next button.
- When finished adding lines to the purchase order, click Save and Exit.
- If there is a designated part number:
- Confirm the total order amount matches the amount of the invoice.
- On the General tab, check the ‘Invoice/Pre-Pay’ checkbox.
- Click Save. This will bring up the Enter Vendor Invoice form
- Confirm the dates on the screen and modify if needed.
- Change the ‘Vendor Invoiced’ date to be the date on the invoice.
- The ‘Date to Pay’ will populate based off the ‘Vendor Invoiced’ date plus the Terms days.
- Enter the vendor invoice number in the ‘Invoice Number’ field.
- Make any adjustments if needed using the ‘Adjustment’ field. Ensure the Adjustment Account is correct.
- If you want to process the payment immediately, select ‘Print Check Now’.
- Note: else, this will go through the Manual Checks or Check Run process.
- Click Apply to complete the process.
- If ‘Print Check Now’ was checked, the Process Checks screen will appear.
- Enter the ‘Reference’ number, usually the check number.
- Select the ‘Payment Type’.
- Confirm the correct ‘Cash Account’ is selected.
- If a physical check is required, ensure ‘Paper Output’ is checked and select the correct ‘Printer’.
- If a physical check is NOT required, uncheck ‘Paper Output’.
- Review all entered information. Click Continue once confirmed.
- Confirm the dates on the screen and modify if needed.