Global Procurement Events

The following table lists the global procurement events and the corresponding accounting entries.

Event Type Name	Accounting Line Type	Transaction Type
Trade In-Transit Receipt (Intercompany Invoicing Option = Y or N)	Trade In-Transit Valuation	Debit
Trade In-Transit Receipt (Intercompany Invoicing Option = Y or N)	Trade Clearing	Credit
Trade In-Transit Receipt (Intercompany Invoicing Option = Y or N)	Trade In-Transit Valuation or Expense *	Debit
Trade In-Transit Receipt (Intercompany Invoicing Option = Y or N)	Overhead Absorption	Credit
Trade In-Transit Receipt (Intercompany Invoicing Option = Y or N)	Trade In-Transit Valuation	Debit
Trade In-Transit Receipt (Intercompany Invoicing Option = Y or N)	Trade Clearing	Credit
Trade In-Transit Issue (Intercompany Invoicing Option = Y)	Intercompany Cost of Goods Sold	Debit
Trade In-Transit Issue (Intercompany Invoicing Option = Y)	Trade In-Transit Valuation	Credit
Trade In-Transit Issue (Intercompany Invoicing Option = Y)	Expense	Debit
Trade In-Transit Issue (Intercompany Invoicing Option = Y)	Overhead Absorption	Credit
Trade In-Transit Issue (Intercompany Invoicing Option = N)	Interorganization Receivable	Debit
Trade In-Transit Issue (Intercompany Invoicing Option = N)	Trade In-Transit Valuation	Credit
Trade In-Transit Issue (Intercompany Invoicing Option = N)	Expense	Debit
Trade In-Transit Issue (Intercompany Invoicing Option = N)	Overhead Absorption	Credit
Trade In-Transit Issue (Intercompany Invoicing Option = N)	Interorganization Receivables	Debit
Trade In-Transit Issue (Intercompany Invoicing Option = N)	Interorganization Gain or Loss	Credit
PO Delivery into Inventory	Inventory Valuation or Expense *	Debit
PO Delivery into Inventory	Receiving Inspection	Credit
PO Delivery into Inventory	Inventory Valuation or Expense *	Debit
PO Delivery into Inventory	Material Overhead Absorption	Credit
PO Delivery into Inventory	Purchase Price Variance **	Debit
PO Delivery into Inventory	Receiving Inspection	Credit
PO Receipt Adjustment: Positive	Inventory Valuation or Expense *	Debit
PO Receipt Adjustment: Positive	Receiving Inspection	Credit
PO Receipt Adjustment: Positive	Inventory Valuation or Expense *	Debit
PO Receipt Adjustment: Positive	Material Overhead Absorption	Credit
PO Receipt Adjustment: Positive	Transfer Price Variance **	Debit
PO Receipt Adjustment: Positive	Receiving Inspection	Credit
PO Receipt Adjustment: Negative	Receiving Inspection	Debit
PO Receipt Adjustment: Negative	Inventory Valuation or Expense *	Credit
PO Receipt Adjustment: Negative	Inventory Valuation or Expense *	Debit
PO Receipt Adjustment: Negative	Material Overhead Absorption	Credit
PO Receipt Adjustment: Negative	Receiving Inspection	Debit
PO Receipt Adjustment: Negative	Transfer Price Variance **	Credit
PO Receipt Adjustment: Negative	Receiving Inspection	Debit
PO Receipt Adjustment: Negative	Cost Variance	Credit
PO Receipt Adjustment: Transfer (Issue)	Receiving Inspection	Debit
PO Receipt Adjustment: Transfer (Issue)	Inventory Valuation or Expense *	Credit
PO Receipt Adjustment: Transfer (Issue)	Inventory Valuation or Expense *	Debit
PO Receipt Adjustment: Transfer (Issue)	Material Overhead Absorption	Credit
PO Receipt Adjustment: Transfer (Issue)	Receiving Inspection	Debit
PO Receipt Adjustment: Transfer (Issue)	Transfer Price Variance **	Credit
PO Receipt Adjustment: Transfer (Issue)	Receiving Inspection	Debit
PO Receipt Adjustment: Transfer (Issue)	Cost Variance	Credit
Return to Supplier: Return to Inspection - Negative	Receiving Inspection	Debit
Return to Supplier: Return to Inspection - Negative	Inventory Valuation or Expense *	Credit
Return to Supplier: Return to Inspection - Negative	Expense	Debit
Return to Supplier: Return to Inspection - Negative	Material Overhead Absorption	Credit
Return to Supplier: Return to Inspection - Negative	Receiving Inspection	Debit
Return to Supplier: Return to Inspection - Negative	Transfer Price Variance **	Credit
Return to Supplier: Return to Inspection - Negative	Receiving Inspection	Debit
Return to Supplier: Return to Inspection - Negative	Cost Variance	Credit
Return to Supplier (Return to Inspection): Transfer	Receiving Inspection	Debit
Return to Supplier (Return to Inspection): Transfer	Inventory Valuation or Expense *	Credit
Return to Supplier (Return to Inspection): Transfer	Inventory Write off or Expense *	Debit
Return to Supplier (Return to Inspection): Transfer	Material Overhead Absorption	Credit
Return to Supplier (Return to Inspection): Transfer	Receiving Inspection	Debit
Return to Supplier (Return to Inspection): Transfer	Transfer Price Variance **	Credit
Return to Supplier (Return to Inspection): Transfer	Receiving Inspection	Debit
Return to Supplier (Return to Inspection): Transfer	Cost Variance	Credit
Trade In-Transit Return (Intercompany Invoicing Option = N)	Trade Clearing	Debit
Trade In-Transit Return (Intercompany Invoicing Option = N)	Trade In-Transit Valuation	Credit
Trade In-Transit Return (Intercompany Invoicing Option = N)	Expense	Debit
Trade In-Transit Return (Intercompany Invoicing Option = N)	Overhead Absorption	Credit
Trade In-Transit Return (Intercompany Invoicing Option = N)	Trade Clearing	Debit
Trade In-Transit Return (Intercompany Invoicing Option = N)	Trade In-Transit Valuation	Credit
Trade In-Transit Return Receipt (Intercompany Invoicing Option = Y)	Trade In-Transit Valuation	Debit
Trade In-Transit Return Receipt (Intercompany Invoicing Option = Y)	Intercompany COGS	Credit
Trade In-Transit Return Receipt (Intercompany Invoicing Option = Y)	Trade In-Transit Valuation or Expense *	Debit
Trade In-Transit Return Receipt (Intercompany Invoicing Option = Y)	Overhead Absorption	Credit
Trade In-Transit Return Receipt (Intercompany Invoicing Option = N)	Trade In-Transit Valuation	Debit
Trade In-Transit Return Receipt (Intercompany Invoicing Option = N)	Interorganization Receivables	Credit
Trade In-Transit Return Receipt (Intercompany Invoicing Option = N)	Trade In-Transit Valuation or Expense *	Debit
Trade In-Transit Return Receipt (Intercompany Invoicing Option = N)	Overhead Absorption	Credit
Trade In-Transit Return Receipt (Intercompany Invoicing Option = N)	Interorganization Gain Loss	Debit
Trade In-Transit Return Receipt (Intercompany Invoicing Option = N)	Interorganization Receivables	Credit
Trade In-Transit Receipt: Acquisition Cost Adjustment (Intercompany Invoicing Option = Y or N)	Trade In-Transit Valuation	Debit
Trade In-Transit Receipt: Acquisition Cost Adjustment (Intercompany Invoicing Option = Y or N)	Trade Clearing	Credit
Trade In-Transit Receipt: Acquisition Cost Adjustment (Intercompany Invoicing Option = Y or N)	Trade In-Transit Valuation or Expense *	Debit
Trade In-Transit Receipt: Acquisition Cost Adjustment (Intercompany Invoicing Option = Y or N)	Overhead Absorption	Credit
PO Receipt: Acquisition Cost Adjustment	Inventory Valuation or Expense *	Debit
PO Receipt: Acquisition Cost Adjustment	Receiving Inspection	Credit
PO Receipt: Acquisition Cost Adjustment	Inventory Valuation or Expense *	Debit
PO Receipt: Acquisition Cost Adjustment	Material Overhead Absorption	Credit
PO Receipt: Acquisition Cost Adjustment	Purchase Price Variance **	Debit
PO Receipt: Acquisition Cost Adjustment	Receiving Inspection	Credit
PO Receipt: Acquisition Cost Write-off	Inventory Write Off	Debit
PO Receipt: Acquisition Cost Write-off	Receiving Inspection	Credit
PO Receipt: Acquisition Cost Write-off	Inventory Write Off or Expense *	Debit
PO Receipt: Acquisition Cost Write-off	Material Overhead Absorption	Credit
Return to Supplier: Acquisition Cost Adjustment	Receiving Inspection	Debit
Return to Supplier: Acquisition Cost Adjustment	Inventory Valuation or Expense *	Credit
Return to Supplier: Acquisition Cost Adjustment	Expense	Debit
Return to Supplier: Acquisition Cost Adjustment	Material Overhead Absorption	Credit
Return to Supplier: Acquisition Cost Adjustment	Receiving Inspection	Debit
Return to Supplier: Acquisition Cost Adjustment	Purchase Price Variance **	Credit
Return to Supplier: Acquisition Cost Write-off	Receiving Inspection	Debit
Return to Supplier: Acquisition Cost Write-off	Inventory Write-Off	Credit
Return to Supplier: Acquisition Cost Write-off	Expense	Debit
Return to Supplier: Acquisition Cost Write-off	Material Overhead Absorption	Credit
PO Receipt Adjustment: Acquisition Cost Adjustment - Positive	Inventory Valuation or Expense *	Debit
PO Receipt Adjustment: Acquisition Cost Adjustment - Positive	Receiving Inspection	Credit
PO Receipt Adjustment: Acquisition Cost Adjustment - Positive	Inventory Valuation or Expense *	Debit
PO Receipt Adjustment: Acquisition Cost Adjustment - Positive	Material Overhead Absorption	Credit
PO Receipt Adjustment: Acquisition Cost Adjustment - Positive	Purchase Price Variance **	Debit
PO Receipt Adjustment: Acquisition Cost Adjustment - Positive	Receiving Inspection	Credit
PO Receipt Adjustment: Acquisition Cost Adjustment - Negative	Receiving Inspection	Debit
PO Receipt Adjustment: Acquisition Cost Adjustment - Negative	Inventory Valuation or Expense *	Credit
PO Receipt Adjustment: Acquisition Cost Adjustment - Negative	Expense	Debit
PO Receipt Adjustment: Acquisition Cost Adjustment - Negative	Material Overhead Absorption	Credit
PO Receipt Adjustment: Acquisition Cost Adjustment - Negative	Receiving Inspection	Debit
PO Receipt Adjustment: Acquisition Cost Adjustment - Negative	Purchase Price Variance **	Credit
PO Receipt Adjustment: Acquisition Cost Write Off - Positive	Inventory Write Off	Debit
PO Receipt Adjustment: Acquisition Cost Write Off - Positive	Receiving Inspection	Credit
PO Receipt Adjustment: Acquisition Cost Write Off - Positive	Inventory Write Off	Debit
PO Receipt Adjustment: Acquisition Cost Write Off - Positive	Material Overhead Absorption	Credit
PO Receipt Adjustment: Acquisition Cost Write Off - Negative	Receiving Inspection	Debit
PO Receipt Adjustment: Acquisition Cost Write Off - Negative	Inventory Write Off	Credit
PO Receipt Adjustment: Acquisition Cost Write Off - Negative	Expense	Debit
PO Receipt Adjustment: Acquisition Cost Write Off - Negative	Material Overhead Absorption	Credit