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.