Please confirm whether we have received the services or goods for the PO in attached as at May'15 Close.
From the PO list, it seems that invoice has not been processed as at today. Thus, if the services have been performed, we need to accrue accordingly.
Kindly confirm and provide the amount to be accrued by 5/19/2015, Tuesday 3.00PM (Bangkok time).
If I do not receive any feedback by end of Tuesday, no accrual will be done in your cost center as at May'15 Closing.
**Please provide a written email even if there is no PO to be accrued, with the reason why no accrual needed.**
For new requesters, please do not hesitate to ask me if you have no idea on how to confirm on the accrual amount.
1) The activity per PO took place and services were rendered as agreed with partner/vendor but invoices yet to receive/process by Account Payables.
2) Please include percentage of completion of activity/service (e.g.: No, 25%, 50%, 75%, 100% or any other percentage amount).
3) If your PO is relating to number of units, you can put number of unit instead of % of completion (e.g. Total 6 units. Received 4 units)
4) The attached listing represents all open claims/commitments for your cost center. In case a claim/activity is not captured in this list, please submit details together with your confirmation.
Summary of Action Required:
To indicate: - PO coverage period (xx months)
- % of services completed
[The % of service completed should be based on % of completion for the total PO]
[For recurring PO, no indication of % is needed. Recurring POs: PO opened for Jan-Dec'10]
[If you are unable to estimate the % of service completed, please DO NOT provide the %]
- Amount to accrue
The total amount of accrual should be (% completion x PO amount - amount paid by AP)
Example: If PO amount is THB 500K. AP paid for THB300K. % of service completed as at Oct’06 close is 80%.
Amount to accrue should be THB 100K (80% x 500K - THB300K)
If you are quite sure about the amount to accrue, no % indication is required.