Direct Organization Transfer Events
The following table lists the direct organization transfer events and the corresponding accounting entries.
Event Type Name |
Accounting Line Type |
Transaction Type |
---|---|---|
Shipment |
Consigned In-Transit |
Debit |
Shipment |
Consigned Inventory |
Credit |
Trade In-Transit Issue (Intercompany Invoicing Option = Y or N) |
Consigned Receivables |
Debit |
Trade In-Transit Issue (Intercompany Invoicing Option = Y or N) |
Consigned In-Transit |
Credit |
Trade In-Transit Issue (Intercompany Invoicing Option = Y or N) |
Expense |
Debit |
Trade In-Transit Issue (Intercompany Invoicing Option = Y or N) |
Overhead Absorption |
Credit |
Trade In-Transit Receipt (Intercompany Invoicing Option = Y or N) |
Consigned In-Transit |
Debit |
Trade In-Transit Receipt (Intercompany Invoicing Option = Y or N) |
Consigned 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 |
Receipt |
Consigned Inventory |
Debit |
Receipt |
Consigned Inspection |
Credit |
Transfer to Owned |
Inventory Valuation |
Debit |
Transfer to Owned |
Trade In-Transit Valuation |
Credit |
Transfer to Owned |
Inventory Valuation or Expense * |
Debit |
Transfer to Owned |
Material Overhead Absorption |
Credit |
Transfer to Owned |
Purchase Price Variance ** |
Debit |
Transfer to Owned |
Trade In-Transit Valuation |
Credit |
Transfer to Consigned |
Trade In-Transit Valuation |
Debit |
Transfer to Consigned |
Inventory Valuation |
Credit |
Transfer to Consigned |
Expense |
Debit |
Transfer to Consigned |
Material Overhead Absorption |
Credit |