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Oracle Inventory Miscellaneous Transactions
08-24-2015, 07:10 PM, (This post was last modified: 08-24-2015, 07:13 PM by Mark Donald.)
#1
Oracle Inventory Miscellaneous Transactions
Miscellaneous transactions are what Jennifer needs to begin with when she has to initiate material transactions. She has just completed defining the first subinventory at Office Smart Naperville (OSN). She needs to build some on-hand balance for items used at OSN.
OSN currently has a stock of 50 units of LH101 in the Stores subinventory. In this section we follow Jennifer as she creates an initial stock of 50 units of the item LH101. We have introduced this item in the section on collection elements under Oracle Quality. The simplest way to create an initial stockpile in Oracle Inventory is to perform Miscellaneous Receipts.
Miscellaneous Receipts are an important tool used to receive material without a purchase order. Similarly, miscellaneous issues are used to give out material without approvals or a document number.

With a miscellaneous transaction you can issue material to or receive material from general ledger accounts in your current organization. This allows you to issue material to groups that are not inventory, receiving, or work in process such as a research and development group or an accounting department. You can also make manual adjustments to the general ledger by receiving material from one account to inventory, and then issuing that material from inventory to another account.

You can use your user-defined transaction types and sources to further classify and name your transactions. You can use this feature to issue items to individuals, departments, or projects; or to issue damaged items to expense accounts such as scrap. You can perform the receipts for items that were acquired by means other than a purchase order from a supplier. You can also use this feature to load all item on-hand quantities when you start implementing Oracle Inventory.

Types of Miscellaneous Transactions
There are six types:
  • Miscellaneous receipt

  • Miscellaneous issue

  • Account receipt

  • Account issue

  • Account alias receipt

  • Account alias issue
Use of Miscellaneous Transactions
  1. With a miscellaneous transaction you can issue material to or receive material from general ledger accounts in your current organization. 
  2. This allows you to issue material to groups that are not inventory, receiving, or work in process such as a R&D group or an accounting department. 
  3. You can also make manual adjustments to the general ledger by receiving material from one account to inventory, and then issuing that material from inventory to another account.
  4. You can use your user-defined transaction types. You can use this feature to issue items to individuals, departments, or projects; or to issue damaged items to expense accounts such as scrap Inventory.
  5. You can perform the receipts for items that were acquired by means other than a purchase order from a supplier.
  6. You can also use this feature to load all item on-hand quantities when you start implementing Oracle


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08-20-2020, 05:34 PM,
#2
RE: Oracle Inventory Miscellaneous Transactions
(08-24-2015, 07:10 PM)Mark Donald Wrote: Miscellaneous transactions are what Jennifer needs to begin with when she has to initiate material transactions. She has just completed defining the first subinventory at Office Smart Naperville (OSN). She needs to build some on-hand balance for items used at OSN.
OSN currently has a stock of 50 units of LH101 in the Stores subinventory. In this section we follow Jennifer as she creates an initial stock of 50 units of the item LH101. We have introduced this item in the section on collection elements under Oracle Quality. The simplest way to create an initial stockpile in Oracle Inventory is to perform Miscellaneous Receipts.
Miscellaneous Receipts are an important tool used to receive material without a purchase order. Similarly, miscellaneous issues are used to give out material without approvals or a document number.

With a miscellaneous transaction you can issue material to or receive material from general ledger accounts in your current organization. This allows you to issue material to groups that are not inventory, receiving, or work in process such as a research and development group or an accounting department. You can also make manual adjustments to the general ledger by receiving material from one account to inventory, and then issuing that material from inventory to another account.

You can use your user-defined transaction types and sources to further classify and name your transactions. You can use this feature to issue items to individuals, departments, or projects; or to issue damaged items to expense accounts such as scrap. You can perform the receipts for items that were acquired by means other than a purchase order from a supplier. You can also use this feature to load all item on-hand quantities when you start implementing Oracle Inventory.

Types of Miscellaneous Transactions
There are six types:
  • Miscellaneous receipt

  • Miscellaneous issue

  • Account receipt

  • Account issue

  • Account alias receipt

  • Account alias issue
Use of Miscellaneous Transactions
  1. With a miscellaneous transaction you can issue material to or receive material from general ledger accounts in your current organization. 
  2. This allows you to issue material to groups that are not inventory, receiving, or work in process such as a R&D group or an accounting department. 
  3. You can also make manual adjustments to the general ledger by receiving material from one account to inventory, and then issuing that material from inventory to another account.
  4. You can use your user-defined transaction types. You can use this feature to issue items to individuals, departments, or projects; or to issue damaged items to expense accounts such as scrap Inventory.
  5. You can perform the receipts for items that were acquired by means other than a purchase order from a supplier.
  6. You can also use this feature to load all item on-hand quantities when you start implementing Oracle


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