Purchase Order

mbskapil

Hi All, Whenever we create Purchase Order we need to choose the type of P.O in purchase lines , In the type field in Purchase Line there are four options " ITEM, FIXED ASSET, CHARGE(ITEM) & G/L ACCOUNT " .. Is there anyone who can tell me about what this G/L Account means..... How can we purchase something from G/L Account, which is not worth purchasing.
Thanx

Luc_VanDyck

When you want to post a invoice for Electricity or Office Equipment, you can use a G/L Account instead of an Item. Because you don't want (need) Item Ledger Entries being created when you post that kind of invoices.