Why POs Not On Accounts Payable Detail?

Can someone explain the accounting reason why open purchase orders that have not been received do not appear on the Accounts Payable Aging Detail report?

Is there some alternate report that would better show all of your outstanding obligations to pay?

Reply to
Will
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Purchase orders aren't bills so they're not payable.

Reply to
scfundogs

For the same reason open sales orders do not appear on your accounts receivable. A PO is only a request to purchase services and or goods.

Reply to
Allan Martin

Because until you receive the product (take possession of it) you don't owe a damn thing!

However if you would like there is always the list of open purchase orders.

Reply to
Golden California Girls

If they did, they would only be approximations, then you'd have to make corrections when the invoice arrived.

Purchase Orders don't include such things as: the exact, today, current price, freight, allowances for returns, discounts, tax, cancelled line items due to out-of-stock, backorders, bulk pricing, and whimsey.

Reply to
HeyBub

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