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Business value
When businesses record greenhouse gases with purchase invoices, they can track and reduce their carbon footprint. By combining environmental data with financial records, companies see high-emission activities. They make informed sustainability decisions and improve their corporate responsibility. This proactive approach not only meets regulatory requirements but also attracts eco-conscious customers, strengthens brand reputation, and leads to cost savings through more efficient resource management.
Feature details
When users receive emissions information on their invoices from vendors, they can promptly include these values in the Purchase Invoice or Purchase Order. This process step eliminates the need for redundant data entry in Sustainability Journals later. This streamlined process enhances user productivity. Users choose the Sustainability Account and enter the designated emission amounts for each account.
You can also enter these values in the Purchase Credit Memo to use for reversal entries.
When you post a purchase document, the system shows the emission information in the Posted Purchase Invoice or Posted Purchase Credit Memo, and in the Sustainability Ledger Entry with the correct entry type.
If you don't want to track emissions in purchase documents, you can turn off this feature on the Sustainability Setup page.
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