How to update process-based bookings

One of the components in the period closing process is updating the process-based bookings. These are all bookings that result from the purchase and sales processes. Use the Purchase Orders Action List and the Sales Orders Action List for this purpose.

Step 1: Perform the purchase actions

In the Purchase Orders Action List, perform three actions. Check if everything has been ordered and received, and book all process-based purchase invoices.

1. First, check if everything has been ordered. Perform the Order action if necessary.
2. Then, book all receipts by performing the Receive Goods action.
3. Finally, review which purchase invoices still need to be booked. Perform the Enter Invoice action if necessary.

Step 2: Perform the sales actions

Also in the Sales Orders Action List, perform three actions. Check if everything has been delivered and approved, and invoice the order lines that can be invoiced.

1. First, check if everything has been delivered. Perform the Create Packing Slip action if necessary.
2. Then, approve all order lines for invoicing by performing the Approve Price action.
3. Finally, review which sales invoices still need to be booked. Perform the Invoice action if necessary.