Jiwa PO’s – Journals Created by the Purchase Order Process

In this article we will look at the journal entries that are created during the purchase order process when the system setting Use Cost of Goods Ledger is enable.

When a new Jiwa database is set-up this setting is typically enabled.

We recommend that the article Jiwa Inventory Physical Item vs Non-Physical Item is read in conjunction with this article.

Physical Items

The following journal entries are created by the purchasing process for physical items.

Local Purchases

Lets have a look at this in our Balance Sheet as each journal is created for the following purchase order.

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Jiwa PO’s – Journals Created by the Purchase Order Process

Physical Items

Local Purchases

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