Previous	Next		Contents	Index	Navigation	Glossary	Library

When you receive material or outside processing items from a supplier into receiving inspection, the Receiving Inspection account is debited and the Inventory A/P Accrual account is credited based on the quantity received and the purchase order price.

Account	Debit	Credit
Receiving Inspection account @ PO cost	XX
Inventory A/P Accrual account @ PO cost		XX

Attention: If a purchase order line item lacks a defined price, the system uses zero to value the transaction.

See Also

Overview of Account Generator

Using the Account Generator in Oracle Purchasing