Common Elements Used to Manage Interunit Transfer Pricing and Additional Costs
| Field or Control | Description |
|---|---|
|
FERC Code (Federal Energy Regulatory Commission code) |
Appears only if you select FERC reporting on the PeopleSoft Inventory Options page. |
|
ChartFields |
Chart of accounts used to record accounting entries and journal entries in PeopleSoft applications. |
|
Cost Element |
Use this code to categorize the different components of an item's cost and define the debit and credit ChartFields for accounting entries. |
|
Transaction Group |
Predefined codes attached to different types of transactions, such as, stocking, issues, adjustments, and so on. |
|
Distribution Type |
User-defined codes that are a subset of transaction groups. This enables you to break down a transaction group into customized categories. |
|
Item Group |
A grouping of items that enable you to design the accounting structure for a group of similar items, such as, sporting equipment or dress shoes. The item group is attached to an item using the Item Definition - General page. |
|
Affiliate |
A ChartField used in interunit transactions or consolidation reporting to identify the other business unit in the transaction. Provides a way to map transactions between business units while using a single intercompany account. The use of an Affiliate ChartField is optional. |