Hi Sonia

Yes, the Outstanding Receipt Invoice List is the key report for reconciling PO to your GL clearing account. The total of the report should exactly equal the GL balance. If it doesn't, that's a red flag.

You may need to remove old entries from the report. The most common reasons they are there is that you never received the vendor invoice (lucky you), or you entered the vendor invoice directly in AP, ignoring the receipt sitting in PO (double entry to the expense!).

Steve