QUESTION:
How do you liquidate a Purchase Order without creating a check?
Purchase Orders are most often liquidated via the check entry screen.
A Purchase Order that has been partially liquidated or a Purchase Order that has been paid, but was not referenced on the check can be liquidated through the Liquidate PO screen.
PROCESS:
From PO’s > Liquidate PO
- Select the Purchase Order by clicking in the “Liquid” column.
- Only 1 PO can be liquidated at a time.
- The Amount to Liquidate will display in the upper right-hand corner.
- Optional - Enter the Liquidating Check #, if applicable.
- Enter the Liquidation Date. The default is the current date.
- Click the Liquidate PO button.
Note: PO’s may be liquidated with a June 30th date after June has been reconciled but prior to year-end rollover.