Overview of Inventory Transactions
Overview of Inventory Transactions A transaction is an item movement into, within, or out of inventory. A transaction changes the quantity, location, planning responsibility, and cost of an item. Oracle Inventory supports a number of predefined and user-defined transaction types. Every material movement has a corresponding set of accounting transactions that Oracle Inventory automatically generates. All transactions validate the various controls (revision, locator, lot number, serial number and secondary unit of measure) you enable for items. INVENTORY TRANSACTIONS You can perform the following inventory transactions: • Receive items into your organization from a general ledger account number. • Issue items from your organization to a general ledger account number. · Transfer items from a subinventory in your organization to another subinventory in the same organization. • Transfer items directly between organizations. •