PO Cost Adjustments

If you are syncing SME Purchase Orders to QuickBooks bills, then you will probably run into the situation where the vendor is charging you a different amount than what you have set on the original PO. You can make the adjustment on the SME Purchase Order and the change will sync back to QuickBooks as either an additional bill for the difference, or a credit for the difference.

Increasing the cost of a PO Item that is received

The PO is in SME with items received

Bill goes to QB for the two items:

The vendors actual invoice is received and the price you are getting charged is not $10, but $110 for the ION Battery.

In SME PO, if the PO is closed, Click Actions > Re-Open PO

If prompted to Re-Export, click No.

Edit the item and change the cost to $110. Click Actions > Close PO (image below)

Click Yes to RE-Export Prompt

A second bill related to the PO number will be exported to QuickBooks for the difference. In this case, the item started at $10, and was increased to $110, so the bill that is exported is for $100, the difference.

That vendor now has two bills in QuickBooks related to the PO. The second bill that synced over has a “-1” behind the number.