Transaction posting scenarios

These pages show transaction posting scenarios by process and the programs that interface the transactions to the general ledger.

For example in the transaction scenario shown below inventory items that require no inspection are received in the Purchase Order application.

1. When the receiving document for these items is released, the transaction created is a debit to Inventory and a credit to PO Accrual. IC130 interfaces this transaction to the general ledger.

2. When an invoice for these items is matched to the receipt records, the transaction created is a debit to PO Accrual and a credit to the AP Accrual. AP175 interfaces this transaction to the general ledger.

3. When the invoice is paid, the transaction created is a debit to AP Accrual and a credit to the Cash account. AP170 interfaces this transaction to the general ledger.

The net result in the general ledger is a debit to Inventory and a credit to Cash.

For more information on processing programs, interface programs and transaction accounts refer to the introductory sections in this document.