The sequence is this: I create a PO for a purchase and order an item online at the same time, paying by credit card. The charge apperas on the c/c account once the purchase is shipped. I download C/C transactions from the credit card's website along with other transactions, even before the purchse is received.
What is the right way to link the charge wiht the PO?
One could make entries for "receive items and enter bill" and "pay bill" with the credit card, which would propoerly link the PO, bill, and payment. However, the PO would get marked as "received in full" before the purchase arrives.
If the charge is not linked to the PO once downloaded, there is a risk of entering the cost twice once the item arrives.
Any suggestions will be highly appreciated
Mike