For Inventory Item

Transaction type
PO Receipt
Delivery of items
Payable invoice when matched to PO
Payment made to vendor
Bank Clearing to Cash
For Expense Item
Transaction type
PO Receipt
Delivery of items
Payable invoice when matched to PO
Payment made to vendor
Bank Clearing to Cash
For Asset Item
Transaction type
PO Receipt
Delivery of items
Payable invoice when matched to PO
Payment made to vendor
Bank Clearing to Cash
Complex PO
Transaction type
Invoice Matched to PO
Payment made to vendor
Disbursed amont release
Bank Clearing to Cash

Account Debit
Inventory Receiving Account
Inventory Valuation Account
Accrual Account
Liability
Bank Cleraing
Account Debit
Inventory Receiving Account
Expense Account
Accrual Account
Liability
Bank Cleraing
Account Debit
Inventory Receiving Account
Asset Clearing Account
Accrual Account
Liability
Bank Cleraing

Account Debit
Accrual
Liability
Liability
Retainage
Bank Cleraing

Accout Credit
Accrual Account
Inventory Receiving Account
Liability
Bank Clearing
Cash
Accout Credit
Accrual Account
Inventory Receiving Account
Liability
Bank Clearing
Cash
Accout Credit
Accrual Account
Inventory Receiving Account
Liability
Bank Clearing
Cash

Accout Credit
Liability
Retainage
Prepayment
Liability
Cash