Hi all expertise,
Understood that inventory closing does not allow any outstanding transactions.
Can we close inventory with open PO?
-Created and posted a Purchase Order
-Havent GRN
-Havent invoice
Inventory closing DOES allow Purchase orders (and other transactions) to be in process. If a PO hasn’t been received or invoiced, it won’t be considered in the Inventory valuation update during the close process.
Are you getting an error message when trying to close inventory?
No, I didnt
Thanks a lot for your explanation
it helps a lot