Purchasing Receipts, Returns and Adjustments Event Type Name Accounting Line Type Debit Credit PO Receipt into Inventory X Inventory Valuation / Expense * X Receiving Inspection X Inventory Valuation / Expense * X Material Overhead Absorption X Purchase Price Variance ** X Receiving Inspection Return to Supplier: Return to X Receiving Inspection Receiving Inspection X Inventory Valuation / Expense * X Expense X Material Overhead Absorption X Receiving Inspection X Purchase Price Variance ** X Receiving Inspection X Cost Variance PO Receipt Adjustment: Negative X Receiving Inspection X Inventory Valuation / Expense * X Expense X Material Overhead Absorption X Receiving Inspection X Purchase Price Variance ** X Receiving Inspection X Cost Variance PO Receipt Adjustment: Positive Inventory Valuation / Expense * X X Receiving Inspection Inventory Valuation / Expense * X X Material Overhead Absorption Purchase Price Variance ** X X Receiving Inspection Event Type Name Accounting Line Type Debit Credit PO Receipt Adjustment: Acquisition X Cost Adjustment - Positive Inventory Valuation / Expense * X Receiving Inspection X Inventory Valuation / Expense *
Purchasing Receipts, Returns and Adjustments Event Type Name Accounting Line Type Debit Credit PO Receipt into Inventory Inventory Valuation / Expense * X Receiving Inspection X Inventory Valuation / Expense * X Material Overhead Absorption X Purchase Price Variance ** X Receiving Inspection X Return to Supplier: Return to Receiving Inspection Receiving Inspection X Inventory Valuation / Expense * X Expense X Material Overhead Absorption X Receiving Inspection X Purchase Price Variance ** X Receiving Inspection X Cost Variance X PO Receipt Adjustment: Negative Receiving Inspection X Inventory Valuation / Expense * X Expense X Material Overhead Absorption X Receiving Inspection X Purchase Price Variance ** X Receiving Inspection X Cost Variance X PO Receipt Adjustment: Positive Inventory Valuation / Expense * X Receiving Inspection X Inventory Valuation / Expense * X Material Overhead Absorption X Purchase Price Variance ** X Receiving Inspection X Event Type Name Accounting Line Type Debit Credit PO Receipt Adjustment: Acquisition Cost Adjustment - Positive Inventory Valuation / Expense * X Receiving Inspection X Inventory Valuation / Expense * X
Accounting_entries.docx