For your monthly management accounts you can:
| 1. | monitor if there are any costs not invoiced by the supplier and should be accrued OR |
| 2. | monitor any supplier invoices that have been pre-paid |
There are certain pre-requisites and actions that must be followed to enable supplier costs to be monitored such as:
| 1. | A purchase order needs to be raised for each item |
| 2. | the system uses the job status e.g completed or not |
| 3. | the system monitors the "export" flag |
| 4. | is the job fully invoiced |
| 5. | is there a supplier invoice recorded |
| 6. | Financials module will need to be enabled |
Here's the logic BusinessFlow uses to determine if an item is pre-paid or accrued:
To access the pre-paid / accrued report:
From the Main Screen -> Reports -> Finance Reports -> View Financial Dashboard -> Select "Accrued/Prepaid Purchases
Example of the report:
