Oracle EBS Application

Inventory Transactions 1.         Misc. Transaction (to match the quantity in inventory by increase or decrease stock) a.         Misc. Receipt (increase stock in inventory with cost) b.         Misc. Issue (decrease stock by issue item from inventory)   2.         Sub-inventory Transfer   3.         Move Orders       a.         Move Oder Issue (Transfer quantity from Sub-inventory to location) b.         Move Order Transfer (Transfer quantity from sub-inventory to another SI                                                     .                                     within inventory)   i.        Requisition MO –  A move order requisition is a manually generated request for a move order.   It is available for sub-inventory transfers and account transfers. Once a requisition has been approved, it becomes a move order. These requests can optionally go through a workflow-based approval process before they become move orders ready to be sourced and transacted.    ii.        Pick Wave MO

 Receipt:-       It is a method by which we will bring goods into our inventory.             It is of 3 types a)        Direct:- It’s a single-step receiving process. Once the Item comes into the inventory, make the receipt and delivery to sub inventory in one transaction Goods received from                              supplier -------- sub-inventory. b)        Standard:- It’s 2 steps receiving process. Once the item comes in the warehouse, make the receipt and then delivery to the sub-inventory.                  Supplier ---->receiving area (staging area) ------>sub-inventory c)        Inspection:-        It's 3 step process. once the item receives at the receiving area then we have to inspect the items &  accept then deliver them to the sub-inventory.                   Supplier ----> receiving area ------->inspection (done) --->sub inventory.

 Purchase Order:-                            There are four types of purchase order             i )                      Standard Purchase order:-   This PO is created for a one-time purchase of material. A  Standard Purchase Order  is created when you know the Item, Price, Delivery schedule and Payment terms ii)                    Blanket Purchase order :- A  Blanket Purchase Agreement  is created you are not sure about the Qty, Price and required a Delivery schedule. The Qty and Price fields will be disabled as soon as you choose the PO Type as Blanket Purchase Agreement. You have to enter a Price. This price what you are entering can be made either final or overridable by checking or unchecking the checkbox name Allow Override in the ‘Price Information’ region of the PO lines. The exact Qty, Delivery Schedule and final Price will be informed to the Supplier by creating Blanket Releases against the BPA.                 iii)                  Planned Purchased order:-

Invoice :-            A document that will convey how much the customer has to pay for the goods &                                       services he has bought and the due date for paying the amount. Invoice Match Option -                  a) 2-way                 b)  3-way,                   c)  4-way In a 2-way match, you will compare 3 documents i.e. PO with Invoice Ex: Suppose we had given PO for 100 items for that we will receive the invoice for 100 items. So that we will make a payment for that 100 items. In a 3-way match, you will compare 3 documents i.e. PO with a receipt with Invoice. Ex: Suppose we have ordered 100 items in PO. But we had received only 75 items, But we had received an invoice for 100 items. so, we will make payment for only 75 items. In 4 ways you will compare 4 documents i.e. PO with Receipt with Invoice with Inspection. Ex: Suppose we have 100 items in PO. Suppliers send us 75 items.  We will do an inspection on those items whatever we hav