Invoice verification

[Guest]

Hi, Sappers,

Using PO, we accrue marketing expense over 12 month.

Delivery Schedule
01.01.2002 1,000
01.02.2002 1.000
01.03.2002 1,000
01.04.2002 1,000
01.05.2002 1,000
01.06.2002 1,000
01.07.2002 1,000
01.08.2002 1,000
01.09.2002 1,000
01.10.2002 1,000
01.11.2002 1,000
01.12.2002 1,000

Journal entry in the first month after goods receipt is as follows;

Dr. Expense 1,000
Cr. GRIR 1,000

In the second month, we receive invoice (12,000 USD) from 3rd party and we pay 12,000 in the second month.
So, after we do invoice verification, all GRIR account balance will be debited and gone.
So, we cannot create Expense 1,000 Journal entry for each month.

Is there any way so that Expense 1,000 will be posted through Goods receipt even though invoice is paid on second month?

I appreciate your help on this problem.
Thank you in advance.

[guest123]

I hope you are using cost center accounting.

Better use Accrual cost element for the specific expense and every month post accruals in cost center accouting. Playing alone using GL will not be correct.

cheers

[Guest]

Thank you for reply!
I found out that goods receipt is possible even after payment verification.
Also, there is a mistake in my previous message.

JE of 1st month is
Dr. Expense 1,000
Cr. GRIR 1,000

JE at the time of Invoice verification is
Dr. GRIR 12,000
Cr. AP 12,000

So, GRIR balance is 11,000 on Debit and we can do goods receipt following 11 months.