Accounting Entries 11i

8/3/2019 Accounting Entries 11i

1/21

SR NO PROCESS LINK

1 Back To Back B2B!A1

2 Drop Ship DP!A1

3 SO- Work Order SOW

4 Inter Org INTER_ORG

5 ISO ISO

6 Procure to Pay P2P

7 Receipt To Cash O2C

8 AR Adjustments ADJ

9 Standard Cost Update STD COST

10 Miscellaneous Receipt MISC REC

11 Miscellaneous Payments Misc.Payments

12 Manual Work Order Creation & Completion MOW


2/21

SR.NO PARTICULARS DR CR SPL NOTES ACCOUNT IS PULLED SPECIFIC

I Back to Back

1 Sales Order Entry

No Accounting

2 Creation of Requisition

No Accounting

3 Creation of Purchase OrderNo Accounting

4 Receipt

Receiving A/c 100 At PO Price Receiving Option Setup ORG

AP Accrual A/c 100 At PO Price Inventory Org Setup ORG

5 Devlivery

Raw Material Sub Inventory A/c 80 At Standard Cost Sub-inventory Material A/c Setup SUB-INV

PPV A/c 20 Diff between PO - Stnd Inventory Org Setup ORG


6 Reservation

No Accounting

7 Picking

Staging Sub Inventory A/c 80 At Standard Cost Sub-inventory Material A/c Setup SUB-INV

Sub Inventory A/c 80 At Standard Cost Sub-inventory Material A/c Setup SUB-INV

8 Shipping

COGS 80 At Standard Cost Item


BACK TO BACK


3/21

OPTION AVAILABLE

Org Level A/c willl get defaulted



Org Level A/c willl get defaulted, OMTT



4/21


I Drop Ship

1 Sales Order Entry

No Accounting


No Accounting

3 Creation of Purchase OrderNo Accounting

4 Receipt



5 Devlivery

Raw Material Sub Inventory A/c 80 At Standard Cost Sub-inventory Material A/c Setup SUB-INV



6 Reservation

No Accounting

7 Picking



8 Shipping



DROP SHIP


5/21

OPTION AVAILABLE







6/21

R.NO PARTICULARS DR CR SPL NOTES ACCOUNT IS PULLED SPECIFIC

1 At the time of material issue

WIP Material A/c 100 WIP Class

Subinventory material A/c 100 Org/Subinventory

2 Resource Valuation

WIP Resource valuation A/c 100 WIP Class

Resource Absorption A/c 100 Resource Defination Form

3 Overhead Cost (Material)

WIP Material ovehead A/c 10 WIP Class

Sub inventory material overhead A/c 10 Org/Subinventory

4 Overhead Cost (Indirect)

WIP Overhead A/c 100 WIP Class

Overhead absorption A/c 100 Overheads Defination Form

5 WIP Job Completion

Stagging/Completion Sub-inventory A/c Std Cost Org/SubinventoryWIP Material A/c WIP Class

WIP Resource valuation A/c WIP Class

WIP Material ovehead A/c WIP Class

WIP Ooverhead A/c WIP Class

WIP Material Variance A/c Diff between Actual - STD WIP Class

WIP Resource Variance A/c Diff between Actual - STD WIP Class

WIP Material Variance A/c Diff between Actual - STD WIP Class

WIP Ooverhead Variance A/c Diff between Actual - STD WIP Class

5 Picking



6 Shipping



SO-WORKORDER FLOW


7/21

OPTION AVAILABLE






8/21

R.NO PARTICULARS DR CR SPL NOTES

1 FOB Point is set to Receipt without Charges & Freight - Using Transaction Type - Intransit

Entry at the time ofISSUE

Intransit Inventory A/c ( Sending Org ) 100 At Standard Cost

Sub Inventory A/c ( Sending Org ) 100 At Standard Cost

Entry at the time ofRECEIPT

InterOrganization Receivable( Sending Org ) 100 At Standard Cost

Intransit Inventory A/c ( Sending Org ) 100 At Standard CostSub Inventory A/c ( Receiving Org ) 100 At Standard Cost

InterOrganization Payable ( Receiving Org ) 100 At Standard Cost

2 FOB Point is set to Receipt with Charges & Freight - Using Transaction Type - Intransit

Entry at the time ofISSUE


Sub Inventory A/c ( Sending Org ) 100 At Standard Cost


InterOrganization Receivable( Sending Org ) 100 At Standard Cost


InterOrganization Receivable( Sending Org ) 15

Freight Expense A/c ( Sending Org ) 15

InterOrganization Receivable( Sending Org ) 10

InterOrg. Transfer Credit ( Sending Org ) 10

Subinventory A/C (Receiving Org) 100 At Standard Cost

Purchase Price Variance(Receiving Org) 25

InterOrganization Payable (Receiving Org) 125

3 FOB Point is set to Shipment without Charges & Freight - Using Transaction Type - Intransit

Entry at the time ofISSUEInterOrganization Receivable (Sending Org) 100 At Standard CostSub Inventory A/c ( Sending Org ) 100 At Standard Cost

Intransit Inventory A/c (Receiving Org) 100

Inter - Organization Payable (Receiving Org) 100


Sub Inventory A/c (Receiving Org) 100 At Standard Cost

Intransit Inventory A/c (Receiving Org) 100 At Standard Cost

4 Direct InterOrganization Transfer without FOB being Receipt and without transfer credit and freight

InterOrganization Receivable (Sending Org) 100 At Standard CostSun Inventory A/c (Sending Org) 100 At Standard Cost


Inter - Organization Payable (Receiving Org) 100 At Standard Cost

5 Direct InterOrganization Transfer with FOB being Receipt with transfer credit and freight

Entry at the SOURCE

InterOrganization Receivable (Sending Org) 120Sub Inventory A/c (Sending Org) 100 At Standard Cost

InterOrg. Transfer Credit ( Sending Org ) 10

Freight Expense A/c ( Sending Org ) 10

Entry at the DESTINATION

Sub Inventory A/c (Sending Org) 100 At Standard Cost

Purchase Price Variance (Receiving Org) 20


6 If the Standard Cost is different in Sending & Receving Org

Entry at the time ofISSUEIntransit Inventory A/c (Sending Org) 100 At Standard Cost

Sub Inventory A/c (Sending Org) 100 At Standard Cost




Purchase Price Variance (Receiving Org) 20

INTER ORG/INTER


9/21

ACCOUNT IS PULLED SPECIFIC OPTION AVAILABLE

Shipping Network ORG

Sub-inventory Material A/c Setup ORG










At Transaction Level

Shipping Network ORGShipping Network

Sub-inventory Material A/c Setup

Shipping Network






Sub-Inventory Material A/c Setup ORG









At transaction level ORG




Shipping Network ORGSub-inventory Material A/c Setup ORG


Shipping Network

Shipping Network


10/21

R.NO PARTICULARS DR CR SPL NOTES ACCOUNT IS PULLED SPECIFIC OPTION AVAILABLE


No Accounting

2 Creation of Purchase Order

No Accounting

3 Receipt



4 Devlivery

Raw Material Sub Inventory A/c 80 At Standard Cost Sub-inventory Material A/c Setup SUB-INV Org Level A/c willl get defaulted



5 Invoice matching with PO

AP Accrual Liability A/c 100 At PO Price Receiving Option Setup ORG

Invoice Price Variance A/c 10 Diff between Invoice - PO Inventory Org Setup ORG

AP Liability A/c 110 AT INV Price Financial Options/Supplier Site

6 On making Payment

Liability A/c 110 At Invoice Price Financial Options/Supplier Site

Cash 110 At Invoice Price Bank A/c Setup

PROCURE TO PAY


11/21

SUMMARY!A1

SR.NO PARTICULARS DR CR SPL NOTES

1 Sales order entry

No Accounting

2 Sales Order Pick

From Sub Inventory A/c 100 At Standard Cost

To Sub Inventory A/c 100 At Standard Cost(Staging)

3 Sales Order Issue

COGS 100 It can be fetched from five places

To Sub Inventory A/c 100 At Standard Cost

4 Transaction level

Receivable A/c 120

Tax A/c 10

Frieght A/c 10

Revenue A/c 100

Receipts

5 Receipts with no remittance method

Cash 100 Before application of the receipt

Unapplied A/c 100

Unapplied A/c 100 After application of the receipt to the transaction

Receivables A/c 100

Cash A/c 100

Unidentified A/c 100 In case of receipt without customer or transaction

Unidentifed A/c 100 when customer indentfied

Unapplied A/c 100

6 Receipts with remittance method.

Confirmed receipts A/c 100 At the time receipt entry

Unapplied A/c 100

Remitted receipts A/c 100 On remittance to bank

Confirmed receipts A/c 100

Cash 100 On clearence of cheque

Remitted receipts A/c 100

7 Receipts with discount/unearned discounts

Cash 90 At the time earned discounts

Discount earned A/c 10

Receivable A/c 100

Cash 90 At the time of unearned discount

Discount unearned A/c 10

Receivables A/c 100

Order To Cash Cycle


12/21

ACCOUNT IS PULLED SPECIFIC OPTION AVAILABLE



Master Item/Org/Order Type/Line Type/Shipping Params Master org/shipping parameters/order type/Inv org

Sub-inventory Material A/c Setup

Transaction type sales rep/customer site

Tax codes Transaction type/sales reps/customer bill to site/Standard lines

Transaction type sales rep/customer bill to site/standard lines

Transaction type sales rep/customer bill to site/standard lines

Receipt class Bank Defination Form














Bank

Receivable activity

Transaction Type

Bank

Receivable activity

Transaction type


13/21

R.NO PARTICULARS DR CR SPL NOTES ACCOUNT IS PULLED SPECIFIC OPTION AVAILABLE

1 Adjustments

Adjustment A/c 100 Receivable activity

Receivable A/c 100 Transaction type Sales Rep/Customer Site

Adjustments in AR


14/21

R.NO PARTICULARS DR CR SPL NOTES ACCOUNT IS PULLED SPECIFI

1 Inventory Std cost update

Sub Inventory A/c 100 Sub-inventory Material A/c Setup ORG

Cost Adjustment A/c 100 At the Standard Cost update request level

2 Intransit material Std Cost Update

Intransit Inventory A/c 100 Shipping Network ORG

Cost Adjustment A/c 100 At the Standard Cost update request level

3 WIP Material Std Cost Update

WIP Material A/c 100 WIP Accounting Class

WIP Material Variance A/c 100 WIP Accounting Class

STANDARD COST UPDATE


15/21

OPTION AVAILABLE


16/21


1 Miscellaneous Receipt at receivables

Accounting

Cash 100 Entered Reciept Amount Bank Account Definition

Misc Cash A/c 100 Receivable activity

2 Miscellaneous Issue/Receipt At Inventory

Issue

Misc Issue A/c 100 At Misc Issue form level

Sub Inventory A/c 100 Org/Subinventory level ORG

Receipt

Sub Inventory A/c 100 Org/Subinventory level ORG

Misc Receipt A/c 100 At Misc receipt form level

Miscellaneous Receipts in AR


17/21

OPTION AVAILABLE

Bank(Internal)

Distribution set


18/21

SR.NO PARTICULARS DR CR SPL NOTES ACCOUNT IS PULLED

1 On entering a Misc.Invoice

A dummy Misc.Vendor is created for

this purpose and the details are

captured in the DFF.

Charge A/c 100 Distribution Set/PO charge A/c

Liability A/c 100 From the supplier site

2 On making the Payment

Liability A/c 100 From the Supplier site

Cash 100 From the Bank A/c's Definition

3

On making Payment

(when Cash Mgmt is implemented)

On Payment

Liability A/c 100 From the supplier site

Cash Clearing A/c 100 From the Bank A/c's Definition

On Clearing

Cash Clearing A/c 100 From the Bank A/c's Definition

Cash 100 From the Bank A/c's Definition

MISC PAYMENTS


19/21

SPECIFIC OPTION AVAILABLE

Financial Options

Financial Options

Financial Options


20/21

SR.NO PARTICULARS DR CR SPL NOTES ACCOUNT IS PULLED SPECIFI

1 At the time material issue

WIP Material A/c 100 WIP Class

Sub Inventory A/c 100 At Standard Cost Sub-inventory Material A/c Setup ORG

2 Resource Valuation

WIP Resource valuation A/c 100 WIP Class

Resource Absorption A/c 100 Resource Definition Form

3 Overhead Cost (Material)

WIP Material ovehead A/c 10 WIP Class

Sub inventory material overhead A/c 10 Org/Subinventory ORG

4 Overhead Cost (Indirect)

WIP Overhead A/c 100 WIP Class

Overhead absorption A/c 100 Overheads Defination Form

5 Outside Processing (In case of fixed standard cost to resource)

WIP OSP A/c 100 WIP Class

Variance A/c 95 Resource Defination Form

Resource A/c 5 Resource Defination Form

Manual WorkOrder


21/21

OPTION AVAILABLE

Org Paramaeters

Accounting Entries 11i

Documents

Transcript of Accounting Entries 11i