Require Visibility of Expense Items on-hand
Hi -
We have some conflicting requirements from the business and need input on how to meet them, Requirements are:
- Ability to charge purchases of R&D material to (multiple) Expense Accounts in iProcurement
- Ability to view on-hand quantity of R&D material in Inventory
- Ability to disposition R&D material to (multiple) Expense Accounts from Inventory
One possible approach that we have tested is to purchase and receive the items as expense items, i.e. charge and receive into Expense Accounts. Then perform Account Receipt from the Expense Account into Inventory. Users will have visibility of the on-hand quantity of the material. When the material is dispositioned, we perform Account Issues from Inventory back to the Expense Account.