Enable Provisional Accounting For Non Stock Items

ERPNext
1

Hi,

I see a new option under company setup referred to as ‘Enable Provisional Accounting For Non Stock Items’. Can I know the purpose of it? @rmehta

Will appreciate your response.

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2

Got the solution. Much awaited functionality is released. Thank You @rmehta

ERPNext Features v13.20.0 and 13.21.0

Provisional accounting for expenses

Deepesh ensured that on posting a purchase receipt for a Non-Stock Item, provisional accounting entries will be passed and the same will be reversed on posting the actual purchase invoice on the invoice posting date.

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It is still not clear to me, why we need this feature. What would be a proper use case to use it and what are the financial impacts?

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Is this the reason asset received not billed is nomore posted on purchase receipts?

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There are no ledgers posted for service items in Purchase Receipts, but if you enable provisional accounting, you will have ledgers posted on purchase receipts on provisional accounts.

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is there any documentation available on this feature yet?

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By enabling it the ledgers are posting for Non Stock Items, but when Invoice is also submitted against that Purchase Receipt the ledgers are posting again. I dont understand this.

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Thanks in regards.

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We also facing same issue.