Interorganization Transfer Events

The following table lists the interorganization events and the corresponding accounting entries.

Event Type Name

Accounting Line Type

Transaction Type

In-transit Shipment

Consigned In-Transit

Debit

In-transit 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