Note: This screen is available only if you are using Purchase Orders as a stand-alone program (that is, you do not use Inventory Control).
Overview
If you use Purchase Orders as a stand-alone program, you use this screen to run Day End Processing.
Unless you cost inventory during transaction posting, you must run Day End Processing to update your audit trail and item statistics, to create general ledger inventory/expense transactions, and to update your Accounts Payable data.
Note: Most Day End Processing tasks will be performed during posting if you choose the Purchase Orders option to cost inventory items during posting.
Important! Day End Processing will not work until you assign a default cost expense account in the P/O G/L Integration screen.