Oracle Inventory has many transactions that are managed within the product. These transactions are all related to movement of material—receipts into Inventory, issues out of Inventory, or movement within the inventory organizations between locations.
This book will focus on transactions that involve receipts into inventory (purchase receipts) and issues out of inventory (sales order issues). We will also in turn cover material returns both to a supplier and from a customer and related tasks. These transactions will be addressed in Chapter 5, Purchasing and Chapter 10, Order Management respectively.
Transaction accounting in Oracle Inventory is generated by the Oracle Cost Accounting product and these will be briefly covered.
These accounting transaction created by Cost Accounting are defaults and can be changed using SLA. Please refer to Chapter 3, Subledger Accounting (SLA) for details on how the changes can be done.