Which action generates the COGS

[ahmadbilal]

in Oracle OM / AR Which action generates the cost of goods sold account for transactions

[SIVAKUMAR_G]

Hi

When the Ship Confirm is complete for the Sales Order COGS Entry will get generated in Inventory Module

Dr COGS A/c (From the Item)
Cr Inventory A/c (From Sub inventory).

For the above entry to create there is No need the Invoice entry should have been generated in AR. There can be time gap between COGS Entry and Invoicing Entry. It depends on Customer requirement how they want the set up.

You can run the WF background Process after this and Autoinvoice process to create Invoicing entry

Dr Receivables A/c (Picked up as per Autoaccounting set up)
Cr Revenue A/c (From the Item)

Hope this helps

Regards
Sivakumar

[anu_uma]

Hi Ahmad and Siva,

its good Question and really a very good answer with explanation.
Keep it up

Thanks

[zeenat khan]

Inventory Interface generates the cost of goods sold account for transactions when passing the transactions to Oracle Inventory. Receivables Interface generates a receivable account, a revenue account, a tax account, a freight account, and others, but not the cost of goods sold account. Ship confirm and pick release do not generate any accounts.

[anu_uma]

Hi Zeenat Khan,

Yes of course there are no Accounting entries in Order Management, but Siva has clearly specified that it is in Inventory Module and for receivables also, he has given the details that after running workflow background , invoice gets created and when auto invoice is run we get the accounting entries and transactions in AR.

Regards

[zeenat khan]

Respected Anu_Uma

Those points are stated as in OSBORNE ORDER FULFILLMENT SAMPLE TEST and for reference I am pasting below some of action by default generated in OM

Action
Enter
Description
The customer order has been entered into Oracle Order Entry
Possible Results
Entered, Partial, Booked

Action
Demand Interface
Description
Creates a demand for the items in the customer order
Possible Results
Interfaced, Partial, Not Applicable

Action
Manufacturing Release
Description
Creates configuration in Oracle Bills of Materials and work order in Oracle Work in Process for ATO customer orders
Possible Results
Release, Configuration Created, Work Order Opened, Work Order Partially Completed, Work Order Completed, Not Applicable

Action
Purchase Release
Description
Creates purchase requisition lines in the Purchasing open interface for drop shipment customer orders
Possible Results
Interfaced, Partial, Confirmed, Not Applicable

Action
Pick Release
Description
Creates picking lines from customer orders for picking
Possible Results
Released, Partial, Not Applicable

Action
Backorder Release
Description
Creates picking lines from backordered customer orders
Possible Results
Released

Action
Ship Confirm
Description
Confirms shipments for customer orders
Possible Results
Confirmed, Partial, Backordered-Complete, Backordered-Partial, Not Applicable

Action
Inventory Interface
Description
Creates material transactions in Inventory open interface to update items? on-hand quantities and generate cost of hoods sold account
Possible Results
Interfaced, Partial, Interface Error, Not Applicable

Action
RMA Interface
Description
Creates material transactions in Inventory open interface to update items? on-hand quantities based on RMA orders
Possible Results
Interfaced, Partially Accepted, Completely Accepted, Not Applicable

Action
Receivables Interface
Description
Creates invoice lines in Receivables open interface to generate invoices for billing
Possible Results
Interfaced to Receivables, Partial, Not Applicable

Action
Complete Line
Description
Closes the customer order line, indicating process completion of the order line
Possible Results
Closed

Action
Complete Order
Description
Closes the customer order, indicating process completion of the order
Possible Results
Closed

Action
Cancel Line
Description
Cancels the customer order line
Possible Results
Cancelled, Partial

Action
Cancel Order
Description
Cancels the customer order
Possible Results
Cancelled

[anu_uma]

Hi Zeenat Khan,

Thanks but I don't understand anything from your given details....

Thanks for your patience...

Regards,