This chapter contains these topics:
You need to set up the automatic accounting instructions (AAIs) for the Bulk Stock Management system. The AAIs for bulk Stock Management identify the General Ledger (G/L) accounts that the system updates when recording transactions.
You must create AAIs for each unique combination of company, document type, and G/L class code you anticipate using.
The following identifies the AAIs used in the Bulk Stock Management system:
| AAI | Description |
|---|---|
| 4122 | Provides the inventory offset account. Used by the General Stock Movements program. |
| 4124 | Provides the offset account for expense or cost of goods sold. Used by the General Stock Movements program |
| 4152 | Provides the inventory account used in the reconciliations process. |
| 4182 | Provides the physical gain/loss account. Used by the General Stock Movements and Reconciliations programs. |
| 4184 | Provides the work-in-process account to record the interim gain or loss on bulk items. Used by the General Stock Movements program. |
The following illustrates the accounting transactions for these AAIs.
| Transaction | Description |
|---|---|
| Decreasing inventory | Debit AAI = 4182 Gain/Loss Credit AAI = 4152 Inventory |
| Increasing inventory | Debit AAI = 4152 Inventory Credit AAI = 4182 Gain/Loss |