Accounting Entries in Oracle

Oracle Applications EBS - Accounting Entries

B2BBACK TO BACKSR.NOPARTICULARSDRCRSPL NOTESACCOUNT IS PULLEDSPECIFICOPTION AVAILABLEIBack to Back1Sales Order EntryNo Accounting2Creation of RequisitionNo Accounting3Creation of Purchase OrderNo Accounting4ReceiptReceiving A/c100At PO PriceReceiving Option SetupORGAP Accrual A/c100At PO PriceInventory Org SetupORG5DevliveryRaw Material Sub Inventory A/c80At Standard CostSub-inventory Material A/c SetupSUB-INVOrg Level A/c willl get defaultedPPV A/c20Diff between PO - StndInventory Org SetupORGReceiving A/c100At PO PriceReceiving Option SetupORG6ReservationNo Accounting7PickingStaging Sub Inventory A/c80At Standard CostSub-inventory Material A/c SetupSUB-INVOrg Level A/c willl get defaultedSub Inventory A/c80At Standard CostSub-inventory Material A/c SetupSUB-INVOrg Level A/c willl get defaulted8ShippingCOGS80At Standard CostItemOrg Level A/c willl get defaulted, OMTTStaging Sub Inventory A/c80At Standard CostSub-inventory Material A/c SetupSUB-INVOrg Level A/c willl get defaulted

DPDROP SHIPSR.NOPARTICULARSDRCRSPL NOTESACCOUNT IS PULLEDSPECIFICOPTION AVAILABLEIDrop Ship1Sales Order EntryNo Accounting2Creation of RequisitionNo Accounting3Creation of Purchase OrderNo Accounting4ReceiptReceiving A/c100At PO PriceReceiving Option SetupORGAP Accrual A/c100At PO PriceInventory Org SetupORG5DevliveryRaw Material Sub Inventory A/c80At Standard CostSub-inventory Material A/c SetupSUB-INVOrg Level A/c willl get defaultedPPV A/c20Diff between PO - StndInventory Org SetupORGReceiving A/c100At PO PriceReceiving Option SetupORG6ReservationNo Accounting7PickingStaging Sub Inventory A/c80At Standard CostSub-inventory Material A/c SetupSUB-INVOrg Level A/c willl get defaultedSub Inventory A/c80At Standard CostSub-inventory Material A/c SetupSUB-INVOrg Level A/c willl get defaulted8ShippingCOGS80At Standard CostItemOrg Level A/c willl get defaulted, OMTTStaging Sub Inventory A/c80At Standard CostSub-inventory Material A/c SetupSUB-INVOrg Level A/c willl get defaulted

SO Work orderSO-WORKORDER FLOWSR.NOPARTICULARSDRCRSPL NOTESACCOUNT IS PULLEDSPECIFICOPTION AVAILABLE1At the time of material issueWIP Material A/c100WIP ClassSubinventory material A/c100Org/Subinventory2Resource ValuationWIP Resource valuation A/c100WIP ClassResource Absorption A/c100Resource Defination Form3Overhead Cost (Material)WIP Material ovehead A/c10WIP ClassSub inventory material overhead A/c10Org/Subinventory4Overhead Cost (Indirect)WIP Overhead A/c100WIP ClassOverhead absorption A/c100Overheads Defination Form5WIP Job CompletionStagging/Completion Sub-inventory A/cStd CostOrg/SubinventoryWIP Material A/cWIP ClassWIP Resource valuation A/cWIP ClassWIP Material ovehead A/cWIP ClassWIP Ooverhead A/cWIP ClassWIP Material Variance A/cDiff between Actual - STDWIP ClassWIP Resource Variance A/cDiff between Actual - STDWIP ClassWIP Material Variance A/cDiff between Actual - STDWIP ClassWIP Ooverhead Variance A/cDiff between Actual - STDWIP Class5PickingStaging Sub Inventory A/c100At Standard CostSub-inventory Material A/c SetupSUB-INVOrg Level A/c willl get defaultedSub Inventory A/c100At Standard CostSub-inventory Material A/c SetupSUB-INVOrg Level A/c willl get defaulted6ShippingCOGS100At Standard CostItemOrg Level A/c willl get defaulted, OMTTStaging Sub Inventory A/c100At Standard CostSub-inventory Material A/c SetupSUB-INVOrg Level A/c willl get defaulted

INTER_ORGINTER ORG/INTERNAL SALES ORDERSSR.NOPARTICULARSDRCRSPL NOTESACCOUNT IS PULLEDSPECIFICOPTION AVAILABLE1FOB Point is set to Receipt without Charges & Freight - Using Transaction Type - IntransitEntry at the time of ISSUEIntransit Inventory A/c ( Sending Org )100At Standard CostShipping NetworkORGSub Inventory A/c ( Sending Org )100At Standard CostSub-inventory Material A/c SetupORGEntry at the time of RECEIPTInterOrganization Receivable( Sending Org )100At Standard CostShipping NetworkORGIntransit Inventory A/c ( Sending Org )100At Standard CostShipping NetworkORGSub Inventory A/c ( Receiving Org )100At Standard CostSub-inventory Material A/c SetupORGInterOrganization Payable ( Receiving Org )100At Standard CostShipping NetworkORG2FOB Point is set to Receipt with Charges & Freight - Using Transaction Type - IntransitEntry at the time of ISSUEIntransit Inventory A/c ( Sending Org )100At Standard CostShipping NetworkORGSub Inventory A/c ( Sending Org )100At Standard CostSub-inventory Material A/c SetupORGEntry at the time of RECEIPTInterOrganization Receivable( Sending Org )100At Standard CostShipping NetworkORGIntransit Inventory A/c ( Sending Org )100At Standard CostShipping NetworkORGInterOrganization Receivable( Sending Org )15Shipping NetworkORGFreight Expense A/c ( Sending Org )15At Transaction LevelInterOrganization Receivable( Sending Org )10Shipping NetworkORGInterOrg. Transfer Credit ( Sending Org )10Shipping NetworkSubinventory A/C (Receiving Org)100At Standard CostSub-inventory Material A/c SetupPurchase Price Variance(Receiving Org)25Shipping NetworkInterOrganization Payable (Receiving Org)125Shipping NetworkORG3FOB Point is set to Shipment without Charges & Freight - Using Transaction Type - IntransitEntry at the time of ISSUEInterOrganization Receivable (Sending Org)100At Standard CostShipping NetworkORGSub Inventory A/c ( Sending Org )100At Standard CostSub-inventory Material A/c SetupORGIntransit Inventory A/c (Receiving Org)100Shipping NetworkORGInter - Organization Payable (Receiving Org)100Shipping NetworkORGEntry at the time of RECEIPTSub Inventory A/c (Receiving Org)100At Standard CostSub-Inventory Material A/c SetupORGIntransit Inventory A/c (Receiving Org)100At Standard CostShipping NetworkORG4Direct InterOrganization Transfer without FOB being Receipt and without transfer credit and freightInterOrganization Receivable (Sending Org)100At Standard CostShipping NetworkORGSun Inventory A/c (Sending Org)100At Standard CostSub-inventory Material A/c SetupORGSub Inventory A/c (Receiving Org)100At Standard CostSub-inventory Material A/c SetupORGInter - Organization Payable (Receiving Org)100At Standard CostShipping NetworkORG5Direct InterOrganization Transfer with FOB being Receipt with transfer credit and freightEntry at the SOURCEInterOrganization Receivable (Sending Org)120Shipping NetworkORGSub Inventory A/c (Sending Org)100At Standard CostSub-inventory Material A/c SetupORGInterOrg. Transfer Credit ( Sending Org )10Shipping NetworkORGFreight Expense A/c ( Sending Org )10At transaction levelORGEntry at the DESTINATIONSub Inventory A/c (Sending Org)100At Standard CostSub-inventory Material A/c SetupORGPurchase Price Variance (Receiving Org)20Shipping NetworkORGInter - Organization Payable (Receiving Org)120Shipping NetworkORG6If the Standard Cost is different in Sending & Receving OrgEntry at the time of ISSUEIntransit Inventory A/c (Sending Org)100At Standard CostShipping NetworkORGSub Inventory A/c (Sending Org)100At Standard CostSub-inventory Material A/c SetupORGEntry at the time of RECEIPTSub Inventory A/c (Receiving Org)120At Standard CostSub-inventory Material A/c SetupORGInter - Organization Payable (Receiving Org)100Shipping NetworkPurchase Price Variance (Receiving Org)20Shipping Network

P2PPROCURE TO PAYSR.NOPARTICULARSDRCRSPL NOTESACCOUNT IS PULLEDSPECIFICOPTION AVAILABLE1Creation of RequisitionNo Accounting2Creation of Purchase OrderNo Accounting3ReceiptReceiving A/c100At PO PriceReceiving Option SetupORGAP Accrual A/c100At PO PriceInventory Org SetupORG4DevliveryRaw Material Sub Inventory A/c80At Standard CostSub-inventory Material A/c SetupSUB-INVOrg Level A/c willl get defaultedPPV A/c20Diff between PO - StndInventory Org SetupORGReceiving A/c100At PO PriceReceiving Option SetupORG5Invoice matching with POAP Accrual Liability A/c100At PO PriceReceiving Option SetupORGInvoice Price Variance A/c10Diff between Invoice - POInventory Org SetupORGAP Liability A/c110AT INV PriceFinancial Options/Supplier Site6On making PaymentLiability A/c110At Invoice PriceFinancial Options/Supplier SiteCash110At Invoice PriceBank A/c Setup

O2CSUMMARY!A1Order To Cash CycleSR.NOPARTICULARSDRCRSPL NOTESACCOUNT IS PULLEDSPECIFICOPTION AVAILABLE1Sales order entryNo Accounting2Sales Order PickFrom Sub Inventory A/c100At Standard CostSub-inventory Material A/c SetupORGTo Sub Inventory A/c100At Standard Cost(Staging)Sub-inventory Material A/c SetupORG3Sales Order IssueCOGS100It can be fetched from five placesMaster Item/Org/Order Type/Line Type/Shipping ParamsMaster org/shipping parameters/order type/Inv orgTo Sub Inventory A/c100At Standard CostSub-inventory Material A/c Setup4Transaction levelReceivable A/c120Transaction typesales rep/customer siteTax A/c10Tax codesTransaction type/sales reps/customer bill to site/Standard linesFrieght A/c10Transaction typesales rep/customer bill to site/standard linesRevenue A/c100Transaction typesales rep/customer bill to site/standard linesReceipts5Receipts with no remittance methodCash100Before application of the receiptReceipt classBank Defination FormUnapplied A/c100Receipt classBank Defination FormUnapplied A/c100After application of the receipt to the transactionReceipt classBank Defination FormReceivables A/c100Receipt classBank Defination FormCash A/c100Receipt classBank Defination FormUnidentified A/c100In case of receipt without customer or transactionReceipt classBank Defination FormUnidentifed A/c100when customer indentfiedReceipt classBank Defination FormUnapplied A/c100Receipt classBank Defination Form6Receipts with remittance method.Confirmed receipts A/c100At the time receipt entryReceipt classBank Defination FormUnapplied A/c100Receipt classBank Defination FormRemitted receipts A/c100On remittance to bankReceipt classBank Defination FormConfirmed receipts A/c100Receipt classBank Defination FormCash100On clearence of chequeReceipt classBank Defination FormRemitted receipts A/c100Receipt classBank Defination Form7Receipts with discount/unearned discountsCash90At the time earned discountsBankDiscount earned A/c10Receivable activityReceivable A/c100Transaction TypeCash90At the time of unearned discountBankDiscount unearned A/c10Receivable activityReceivables A/c100Transaction type

SUMMARY!A1

ADJAdjustments in ARSR.NOPARTICULARSDRCRSPL NOTESACCOUNT IS PULLEDSPECIFICOPTION AVAILABLE1AdjustmentsAdjustment A/c100Receivable activityReceivable A/c100Transaction typeSales Rep/Customer Site

STD Cost STANDARD COST UPDATESR.NOPARTICULARSDRCRSPL NOTESACCOUNT IS PULLEDSPECIFICOPTION AVAILABLE1Inventory Std cost updateSub Inventory A/c100Sub-inventory Material A/c SetupORGCost Adjustment A/c100At the Standard Cost update request level2Intransit material Std Cost UpdateIntransit Inventory A/c100Shipping NetworkORGCost Adjustment A/c100At the Standard Cost update request level3WIP Material Std Cost UpdateWIP Material A/c100WIP Accounting ClassWIP Material Variance A/c100WIP Accounting Class

Misc RecMiscellaneous Receipts in ARSR.NOPARTICULARSDRCRSPL NOTESACCOUNT IS PULLEDSPECIFICOPTION AVAILABLE1Miscellaneous Receipt at receivablesAccountingCash100Entered Reciept AmountBank Account DefinitionBank(Internal)Misc Cash A/c100Receivable activityDistribution set2Miscellaneous Issue/Receipt At InventoryIssueMisc Issue A/c100At Misc Issue form levelSub Inventory A/c100Org/Subinventory levelORGReceiptSub Inventory A/c100Org/Subinventory levelORGMisc Receipt A/c100At Misc receipt form level

Misc.PaymentsMISC PAYMENTSSR.NOPARTICULARSDRCRSPL NOTESACCOUNT IS PULLEDSPECIFICOPTION AVAILABLE1On entering a Misc.InvoiceA dummy Misc.Vendor is created for this purpose and the details are captured in the DFF.Charge A/c100Distribution Set/PO charge A/cLiability A/c100From the supplier siteFinancial Options2On making the PaymentLiability A/c100From the Supplier siteFinancial OptionsCash100From the Bank A/c's Definition3On making Payment (when Cash Mgmt is implemented)On PaymentLiability A/c100From the supplier siteFinancial OptionsCash Clearing A/c100From the Bank A/c's DefinitionOn ClearingCash Clearing A/c100From the Bank A/c's DefinitionCash100From the Bank A/c's Definition

Manual Work OrderManual WorkOrderSR.NOPARTICULARSDRCRSPL NOTESACCOUNT IS PULLEDSPECIFICOPTION AVAILABLE1At the time material issueWIP Material A/c100WIP ClassSub Inventory A/c100At Standard CostSub-inventory Material A/c SetupORG2Resource ValuationWIP Resource valuation A/c100WIP ClassResource Absorption A/c100Resource Definition Form3Overhead Cost (Material)WIP Material ovehead A/c10WIP ClassSub inventory material overhead A/c10Org/SubinventoryORG4Overhead Cost (Indirect)WIP Overhead A/c100WIP ClassOverhead absorption A/c100Overheads Defination Form5Outside Processing (In case of fixed standard cost to resource)WIP OSP A/c100WIP ClassVariance A/c95Resource Defination FormOrg ParamaetersResource A/c5Resource Defination FormReceiving Options