Pay lump sum at due date but expense over 12 months?

susan-kirkbride

We are wondering if anyone has had any experience like the following or if it's even possible:

Example: We have an annual contract for 120k that is on a PO.  We want to expense it in the system over 12 months but pay for the entire amount when it is due.  

amacknig

when the invoice is entered to be paid, on the AP20 form, you can use the feature where you can create an RJ to spread the amount thru any periods you need. Lawson figures the rounding for you. also, when you use this feature, you can drill into the source AP detail from GL90 and you can manage and view the status of the spread by running the GL238 report. If you need more specifics, please let me know. ggudgel@urmstores.com