Receipt, Return, and Adjustment Events
The following table lists the receipts, returns, and adjustments events and the corresponding accounting entries.
Event Type Name |
Accounting Line Type |
Transaction Type |
---|---|---|
PO Receipt into Inventory |
Inventory Valuation or Expense * |
Debit |
PO Receipt into Inventory |
Receiving Inspection |
Credit |
PO Receipt into Inventory |
Inventory Valuation or Expense * |
Debit |
PO Receipt into Inventory |
Material Overhead Absorption |
Credit |
PO Receipt into Inventory |
Purchase Price Variance ** |
Debit |
PO Receipt into Inventory |
Receiving Inspection |
Credit |
Return to Supplier: Return to Receiving Inspection |
Receiving Inspection |
Debit |
Return to Supplier: Return to Receiving Inspection |
Inventory Valuation or Expense * |
Credit |
Return to Supplier: Return to Receiving Inspection |
Expense |
Debit |
Return to Supplier: Return to Receiving Inspection |
Material Overhead Absorption |
Credit |
Return to Supplier: Return to Receiving Inspection |
Receiving Inspection |
Debit |
Return to Supplier: Return to Receiving Inspection |
Purchase Price Variance ** |
Credit |
Return to Supplier: Return to Receiving Inspection |
Receiving Inspection |
Debit |
Return to Supplier: Return to Receiving Inspection |
Cost Variance |
Credit |
PO Receipt Adjustment: Negative |
Receiving Inspection |
Debit |
PO Receipt Adjustment: Negative |
Inventory Valuation or Expense * |
Credit |
PO Receipt Adjustment: Negative |
Expense |
Debit |
PO Receipt Adjustment: Negative |
Material Overhead Absorption |
Credit |
PO Receipt Adjustment: Negative |
Receiving Inspection |
Debit |
PO Receipt Adjustment: Negative |
Purchase Price Variance ** |
Credit |
PO Receipt Adjustment: Negative |
Receiving Inspection |
Debit |
PO Receipt Adjustment: Negative |
Cost Variance |
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 |
Purchase Price Variance ** |
Debit |
PO Receipt Adjustment: Positive |
Receiving Inspection |
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 or Expense * |
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: 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 Adjustment Write-off |
Inventory Write Off |
Debit |
PO Receipt: Acquisition Cost Adjustment Write-off |
Receiving Inspection |
Credit |
PO Receipt: Acquisition Cost Adjustment Write-off |
Inventory Write Off or Expense * |
Debit |
PO Receipt: Acquisition Cost Adjustment 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 |