Fusion Testing
Test Cases
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TC-12020 : q. Run the Post Vendor Bill Variances Process.
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Process Area : F&A
Prerequisites
POs IRs VBs entered with variances between IR/VB POs must be in either Fully Billed or Closed status. Items must be assigned to Bill Quantity and Bill Price variance accounts PO lines must be associated to a department. If this is not done the JE lines associated to variance accounts will not have a department populated.
Steps To Execute
Role: Kimray-Cost Accountant Kimray AP Analyst Use the global search bar to find the saved search called "Accrued Purchases Balance by PO" Identify a PO(s) with a balance which need to be written off. POs in Fully Billed or Closed status are eligible. Navigate to Transactions ; Payables ; Post Vendor Bill Variances. Select the Parameters for Posting Period and Journal Date and Subsidiary. Select "Purchase Order" as the Transaction Type Note: All items will be configured with the "Match Bill to Receipt" option as False. Due to this we must use "Purchase Order" in the filter. No results will be displayed if "Bill" is selected. Mark the "select" checkbox for the POs in which you would like to write off the outstanding Accrued Purchases balance. Click the Create Journals checkbox which will initiate a background process to create variance journals. You will be routed to the "Post Vendor Bill Variances" results page. Click on the Journal link to view it. A saved search "Vendor Bill Variance Journals" has been created to list all Journals created by this process.
Expected Results
Journals created to relieve the Accrued Purchases balance with the offset posted to RNI Price Variance or RNI Qty Variance. After creating variance JEs POs in question are no longer visible on the saved search "Accrued Purchases Balance by PO".