In Transit Inventory
Hi,
We have 2 Ledgers.
- USA - Functional Currency - USD
- Mexico - Functional Currency - MXN. Secondary Ledger is in USD
- We have established IR ISO process. Shipping Network is setup along with IC Flow.
- FOB is Shipment.
- Goods going from USA to Mexico. In this process: 1. Create IR in Mexico Inventory Org. This is in MXN 2. This creates ISO in USA Ledger. This is in USD.
- We noticed that In-Transit Inventory is in USD and we are expecting this to be in MXN since MXN owns based on FOB.
- Is this standard or are we missing any setup?
Thanks,
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