Bookmark and Share Subscribe You may face visibility problem if http://docs.google.com is blocked on your network

Sunday, November 23, 2008

Miscellaneous Transactions - Overview

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
The list given above is not complete.... reader are requested to add other point in comment section...

Please add your valuable feedback / comments

Declaimer:

This blog is purely personal and the thoughts expressed here represent only me. The purpose of this blog is to share information and knowledge about Oracle's product which I have come across with my exposure to the product, practice and observations. The blog has been created keeping only one intention of sharing knowledge and for learning purpose. The blog has been created solely as a educational, for storing portions of the vast Oracle knowledge world. Oracle EBS is an Oracle Corp. product and you should contact Oracle directly for any specific fact or issue.

*NOTE: Few articles on this blog are not completely prepared by me, content is edited and complied after referring various sites to make visitor's job easy