Expense Account--Subinventory

Purchasing & Inventory forum can be used to discuss all features/issues related to Oracle Purchasing & Inventory.
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Anum Arshia
Posts: 1
Joined: Mon Feb 11, 2013 7:12 am
Location: Pakistan

Expense Account--Subinventory

Post by Anum Arshia »

What is the purpose of Expense Account defined at subinventory level.. at what type of transaction it is charged? Kindly help me in this regard
hiszaki
Posts: 482
Joined: Thu May 10, 2007 9:03 am
Location: Egypt

Post by hiszaki »

Hi Anum

Expense account used when you receive item expense in your sub-inventory which defined as a not asset sub-inventory, the inventory account in this case will be expense account.

Suppose you have item ABC and you define sub-inventory XYZ as a not asset sub-inventory, so when you received this item in your sub-inventory, the inventory account will be expense account not material account.

Be inform that, any transaction related to this sub-inventory will get the expense account.
Hope I can help you

Thanks
Hisham
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