Create Purchase Order and Receipt

The importer submits the purchase order in ERP Cloud Procurement with foreign currency against actual business.

1. Create PO lines with these details in USD currency. Assume PO number as 11.
   This table displays the details for PO lines:

   Line	Item	Unit Price	Quantity	Line Amount	Transaction Business Category
   1	A (Inventory Item)	200 USD	200	40000	IMPORT OF GOODS_ORDERINV
   2	B (Inventory Item)	300 USD	200	60000	IMPORT OF GOODS_ORDERINV
   	Total in USD			100000

   Note: The import PO isn’t applicable on normal CGST/SGST/IGST and no GST calculation. You must define the tax not applicable rule with a higher priority. Refer to the Tax Setup Steps chapter for more details.
2. Create PO receipt against the actual PO document and move them to their final destination.

   Assume that receipt A and receipt B are for 200 items each.

3. Run the Transfer Transactions from Receiving to Costing process.
4. Create Receipt Accounting Distributions for items A and B as follows:
   • Accounting for item A:

     Dr. Receiving Inspection 40000 USD

     Cr. Accrual 40000 USD

   • Accounting for item B:

     Dr. Receiving Inspection 60000 USD

     Cr. Accrual 60000 USD

     Note: See Oracle Fusion Applications Procurement, Cost Accounting and Receipt Accounting Guide at http://docs.oracle.com.
5. Run Send Pay on Receipt process to import PO invoices with these invoice lines.

   Line	Item	Unit Price	Quantity	Currency	Transaction Business Category	Line Amount
   1	A (Inventory Item)	200	200	USD	IMPORT OF GOODS_ORDERINV	40000
   2	B (Inventory Item)	300	200	USD	IMPORT OF GOODS_ORDERINV	60000
   		Total in USD				100000