Reversing Media POs

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Reversing Media Purchase Orders

Overview

Process Overview

Reverse a booking

Either edit the new booking (it has the same supplier) or

Delete the old booking and add a new booking for a new supplier

Create new purchase orders - one for the reversal and one for the new booking

Create new client invoices - one for the reversal and one for the new booking

Note - Negative POs will not be accounted for as a negative accrual in WIP. They merely signal that the original PO should be cleared from the Accruals (if it is still there). .

Create a booking

The following section lists the process to create a media plan

Create a media booking

Create and approve PO

Create and log client invoice

Reverse a Media Booking

Click on the edit icon to edit a booking

Click to reverse a booking

Select yes in the Do you want to reverse this booking? message

Media booking with the reversal and the new booking which can be edited

Edit the new booking

You can change the dates, the supplier rate and the bill to client amount.

Or delete the new media booking and create a new booking for a new supplier

Create new Purchase Orders

Note: You have an option to create either:

two POs - one for the reversal and a new PO for the revised booking (this can be for either the same supplier or new supplier)

or one new PO which has details of the reversed booking and the new booking if it is for the same supplier

Create and approve PO for reversal of booking

Create and approve PO for new booking

List of POs on Job

Note the original PO still has an outstanding amount. It is left as outstanding because you may have to process supplier invoices or you can mark it as 'completed' (select the N in the Done column to change the status to completed)