Overview

Summary screen

In the summary screen section, you can reconcile and approve your vendor invoices. The following is an explanation of the elements that you can see on the PO Reconciliation screen:

• PO#: Purchase Order number. Also, you will see right next to the PO the Standing Order (SO#) that associates with it.
• Vendor: Name of the vendor company. You can verify the method selected to ship items in the Ship Via column and; the Carrier used.
• AWB: Air waybill associated with the Purchase Order
• Arrival date: Date for the PO items to arrive at the company's warehouse.
• Additional charges USD: Extra charges that a PO can include, such as Box charges, Freight, fuel, handling, documentation fee, among others. 
• PO total USD: Total amount of money to pay to a vendor, and the Vendor Invoice Total USD column shows the total amount of money from a vendor's invoice.
• Vendor's Invoice: Vendor invoice numbers associated with a PO. You can associate and upload a copy of the vendor's invoice that matches a PO and keep track of it through the Vendor Invoice Status into three its different statuses: Pending Approval by Procurement (AP), Pending Approval by Accounting (AA), Approved (A), Paid (P), Sent to External System (ES), Failed (F), and Synchronized (S)
• Qty Boxes: Number of boxes agreed on the PO.
• Qty Conf/Received: Number of boxes confirmed (Conf) and received at the company's warehouse.
• FBE: Full Box Estimation amount.

Columns from the PO reconciliation screen

Net balance calculations

You can reconcile your vendor invoices and obtain the net balance of invoices to pay using the calculation columns:

• PO Amount USD

In this calculation, you will obtain the total amount of a Purchase Order and reflect amounts after charges adjustments.

For example, We are reconciling payments from The vendor Agricola Vidarrue. This vendor has a PO amount USD of 1,176.47 and and some Additional Charges of   of 150.00. This calculation gives a grand With this calculation, it is possible to obtain a PO total of 1,326. 47. If you subtract them up , and the difference (PO total USD -   Additional Charges USD), you can notice that the amount  is the same one obtained from PO Amount USD.

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• Vendor Credits Total USD
  In this calculation, you will see the sum of credits that are associated with a Purchase order. 

• Balance
  This calculation displays the remaining amount to pay off an invoice.
  For example, We continue reconciling some payments from the vendor Agricola Vidaurre. The PO has a credit
of
•  of 326.47
and a PO total of
• in favor from a PO Amount USD total of 1,
326
• 176.47
. Their difference is the
• that after some adjustments have a remaining balance to pay of
the invoice (1,000) show on the following screen
• 150.00 as shown in the following example: