Direct Organization Transfer Events
The following table lists the direct organization events and their accounting entries.
Event Type Name |
Accounting Line Type |
Transaction Type |
---|---|---|
Shipment |
Trade In-Transit Valuation |
Debit |
Shipment |
Inventory Valuation or Expense * |
Credit |
Shipment |
Expense |
Debit |
Shipment |
Material Overhead Absorption |
Credit |
Shipment |
Offset |
Debit |
Shipment |
Cost Variance |
Credit |
Trade In-Transit Issue (Intercompany Invoicing Option = Y) |
Inter Company 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 Receivables |
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 |
Trade In-Transit Issue (Intercompany Invoicing Option = Y or N) |
Trade In-Transit Valuation |
Debit |
Trade In-Transit Issue (Intercompany Invoicing Option = Y or N) |
Trade Clearing |
Credit |
Trade In-Transit Issue (Intercompany Invoicing Option = Y or N) |
Trade In-Transit Valuation or Expense * |
Debit |
Trade In-Transit Issue (Intercompany Invoicing Option = Y or N) |
Overhead Absorption |
Credit |
Trade In-Transit Issue (Intercompany Invoicing Option = Y or N) |
Trade In-Transit Valuation |
Debit |
Trade In-Transit Issue (Intercompany Invoicing Option = Y or N) |
Trade Clearing |
Credit |
Receipt |
Inventory Valuation or Expense * |
Debit |
Receipt |
Trade In-Transit Valuation |
Credit |
Receipt |
Inventory Valuation or Expense * |
Debit |
Receipt |
Material Overhead Absorption |
Credit |
Receipt |
Transfer Price Variance ** |
Debit |
Receipt |
Trade In-Transit Valuation |
Credit |
Trade In-Transit Return (Intercompany Invoicing Option = Y or N) |
Trade Clearing |
Debit |
Trade In-Transit Return (Intercompany Invoicing Option = Y or N) |
Trade In-Transit Valuation |
Credit |
Trade In-Transit Return (Intercompany Invoicing Option = Y or N) |
Expense |
Debit |
Trade In-Transit Return (Intercompany Invoicing Option = Y or N) |
Overhead Absorption |
Credit |
Trade In-Transit Return (Intercompany Invoicing Option = Y or N) |
Trade Clearing |
Debit |
Trade In-Transit Return (Intercompany Invoicing Option = Y or 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) |
Inter Company 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 |