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October
2012 Sage
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Overview
The Received Not Invoiced (RNI) account is a liability clearing account that represents the value of the
inventory that has been received but not yet invoiced. It is updated at time of receiving and invoicing. In
order to verify that the RNI account balance is correct, the RNI account transactions need to be
reconciled via the purchase order module. This is done by reviewing receipts that have not been invoiced
and any variances between the receipt and the invoice.
Within X3, the RNI account is setup as a matchable account allowing the RNI account balance to be
retrieved for easier reconciling. Monthly, the Automatic Matching function is run to match receipts that
have been fully or partially invoiced. Once this monthly process is complete, RNI SQL Requestors will
display receipts that have not been fully invoiced, invoices that have not been received, and returns that
have not been credited.
Important
The RNI process changed in version 6, patch 16. Prior to V6, the RNI reconciliation process was done
using the RNI variance report and reconciliation function. Once V6, P16 is installed, the existing RNI
report and reconciliation function will no longer be available.
This also applies to systems that are upgrading from a prior version of X3 such as V1.3, V1.4, and V5.
Systems that implement the new RNI process after go-live and were installed prior to V6, P16 or systems
that are upgrading should follow the pre-requisites steps below to ensure the old RNI process is handled
properly in order to implement the new RNI process.
Systems that are installing at V6, P16 or greater, can skip the Pre-Requisite section.
Prerequisite
The following steps are necessary for 1) Systems that are upgrading from a prior version OR 2)
Systems that were installed on V6, prior to P16. Systems that are installed post V6, P16 can skip
this section.
1. Execute the existing RNI report
Prior to implementing the new process, the existing RNI report should be printed since it will not be
available after P16. The RNI reconciliation function should also be used to close out any receipts that
can be closed. Receipts not closed when the new process is implemented will continue to go against
the old RNI account until it becomes zero.
For any residual balance that exists against the RNI account, the RNI report should be retained and
used as a worksheet to reduce the balance down to zero as new receipts start to pick up the new
process.
2. Setup a new RNI Account
A new RNI account is required to properly implement the new RNI process. Old receipts against the
original RNI account will be taken into consideration but new receipts will start to accumulate their
balances against the new RNI account.
The RNI Account should be setup as normal via Account Maintenance. It must be flagged as
matchable as the RNI process uses the matching feature within X3 to reconcile invoices to receipts.
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2012 Sage
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4. Setup the original or old RNI account under the Account Codes
The old RNI account must be designated on the accounting codes in order to ensure existing receipts
are properly handled.
Note: Systems that are upgraded will have the following setup done during the financial
configuration step.
Create a new line to store the old RNI account. Please note, the index may not match the
screen shot below. The important point is a new line should be added or an existing line not used
can be used to store the old RNI account
Local Menu update should be run after a line is added or updated
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Setup
Sage ERP X3 includes a matching process that allows automatic linking of a purchase receipt or
purchase order to the associated invoice. To utilize the matching process the following setup is required.
Note: The RNI account setup is also discussed in the pre-requisite section
1. Setup a new RNI Account
The RNI Account should be setup as normal via Account Maintenance. It must be flagged as
matchable as the RNI process uses the matching feature within X3 to reconcile invoices to receipts.
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the PO
Line.
VCRNUM in this case represents the Purchase return number and VCRLIN represents the purchase
return line.
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MTCFREREF Free Reference Analogy should be expanded to 20. This change allows up to 20
characters to be used for linking the PO to the Invoice when automatic matching is performed.
MTCLOW Lowercase matching should be set to Yes in order to allow partial matching based on
description and free reference field (for the case of partial invoicing).
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In addition, define a custom screen code called RNI to show only those fields necessary for RNI
reconciliation. This will be used for reconciling to the General Ledger.
Functional Process
Matching should be run for the Received Not Invoiced account monthly to match up receipts and invoices.
There are two ways to match the Received Not Invoiced account: Automatic Matching and Manual
Matching.
Automatic Matching
The automatic matching utility should be run at the period end to match up receipts to invoices. It can also
be executed daily, weekly, or as needed during the month.
Automatic Matching looks at journal transactions created by receipts and invoices and matches them
based on the description field (receipt number). Be sure to run Inventory > Periodic processing >
Valuation > Accounting Interface before running the automatic matching function and have all
purchase invoices posted.
Fields to enter:
Company Group or company
Enter Received Not Invoiced Account in the Account Range
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2012 Sage
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Define the Criteria the matching criteria are critical to ensure proper matching. Check Define the
Criteria box and click on the Criteria button. A memo code is recommended to recall the parameter
settings.
Caution: The memo code does not control the first screen of the function so it is important that the
correct account be used prior to executing.
Reminder: Set the memo code as STD to have the criteria default automatically. This should
be done for any users that will be involved in reconciling RNI.
The Match order will first look at the description to link the receipt to the invoice. If this does not
match, it will next look at the free reference analogy to link the purchase order to the receipt and
invoice. Check Small letter matching box to allow partial matching for the case of partial invoicing.
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Manual Matching
Manual Matching may also be used to specifically match receipts to invoices without using the automatic
process. The Accounting interface needs to be run before running manual matching to see all
transactions. Similarly all purchase invoices must be posted before running matching.
Go to Manual matching from the Financials > Matching menu to access this feature. Select a Site, a
Ledger and enter the RNI account for Account field. Click Search. Double click or right click and choose
Select on the line to select the documents for matching and click on the Matching button. In order to find
the matched document quicker, the sorting order can be set by clicking on the Sort button.
Manual matching can also be used to view the small letter matching and verify that the correct
transactions are being matched. All transactions with small letter matching are shown as non-matched
transactions. If incorrect transactions have been matched, double click on the transaction, which will
highlight all the transactions with same match letter. Right click and select unmatching. To display the
matched transactions with upper case matching, click the Matched button.
Account Inquiry
Any unmatched account transactions can be viewed in the Accounts Inquiry.
Go to Accounts from the Financials > Inquiries menu. Enter the company or site and enter the RNI
account number in the Account field. Make sure that the date range is appropriate. Click the Criteria
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2012 Sage
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button, check the Not matched radio button and select screen code RNI so that the matching related
field added in the setup will be displayed on the inquiry.
Requesters
For purchasing information, 3 requesters have been created with patch 16, RNI (Received not Invoiced),
INR (Invoiced not Received) and RNC (Returned not Credited). SQL or ORA are added to the end of the
requester code to represent the type of database server.
For example, RNISQL is for RNI requester for MS SQL and RNIORA for Oracle SQL. These requesters
can be run in Reports > View requests.
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2012 Sage
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RNI Requester:
INR Requester:
Receipt lines that have not been fully invoiced (receipt qty > invoice qty)
Receipt lines that have been over invoiced (receipt qty < invoice qty)
Invoice lines that are linked to a PO but not yet received (receipt qty = 0, invoice qty > 0)
RNC Requester:
Return lines that have not been fully credited (return qty > credit memo qty)
Return lines that have been over credited (return qty < credit memo qty)
Information that is not included in these requesters:
Receipt lines that have been fully invoiced (receipt qty = invoice qty)
Manually closed receipt lines
Invoice lines that are not linked to PO / receipt since these are direct invoices
Return lines that have been fully credited (return qty = credit memo qty)
Receipt lines with non stock managed product
When run on the same date, the receipts that are shown in the requestor, invoices in INR and returns in
RNC will match with unmatched transactions in the Accounts Inquiry. Also, the balance calculated by
taking the RNI balance and subtracting the INR and RNC balance should match to the RNI account
balance.
Caution: As of date selection criteria is run based on receipt date (invoice date for INR and return
date for RNC) and all transactions up to this date will be displayed no matter what the invoice date
is. Therefore, backdating the requester can cause incorrect point in time value. The following
scenario would not display the correct RNI value.
1.
2.
3.
4.
The following step is necessary for 1) Systems that are upgrading from a prior version OR 2)
Systems that were installed on V6, prior to P16. Systems that are installed post V6, P16 can skip
this step.
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The Account Inquiry will have the RNI balance that will match what is showing open on the RNI
requestors.
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2012 Sage
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