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The General Ledger affect when stock is Received from a Purchase Order.

The General ledger stock on hand account is debited as stock is being increased.
The General Ledger Accrued Stock account is Credited until the purchase receipt is Invoiced.
Once the Purchase receipt is Invoices, the Accrued General ledger account is Debited.


This procedure is for use when you have received the stock for a purchase order on a Delivery Docket, or your job is to purely receipt stock and it's another persons job to process the purchase invoice.

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