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Tracking of Expense Item in Inventory Module

in Inventory Management 7 comments

Hi,
Our client wants to track expense items in inventory. In Oracle EBS, I believe this can be achieved by configuring the item with the following attributes:

  • Stocked = Yes
  • Asset Value = No
  • Cost Enabled = No

We applied the same setup in Fusion, but the results were not as expected.

Expected result upon PO receipt:

  • Dr. Receiving Inspection
  • Cr. Accrual
  • Dr. Expense
  • Cr. Receiving Inspection

Actual result:

  • Dr. Receiving Inspection
  • Cr. AP Accrual

Given this result, how should we account for the expense and close the receiving inspection?

Regards,

Di

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