Account alias receipt in oracle

Account alias receipt in oracle

Here we will be discussing about Account Alias receipt in Oracle. Account Alias receipt is related to the Oracle Inventory. This is more about same with Purchase Receipts and Miscellaneous receipts but different in the Functioning in oracle. These all the three receipts are Inventory Transactions have directly link with oracle Inventory Item Stock. All these three receipts increases the stock of the Item in Oracle Inventory. Here below I will discuss in detail about account alias receipt in oracle and in which cases we need this type of receipt.

Purchase Receipt: -

 When we do receiving against the Purchase orders then we do Purchase Receipts.

Miscellaneous receipt:-

 This is one of the Transaction type of the Inventory. When we want to increase the Stock of the Item in the Oracle inventory but we have no purchase order against that then we can directly receive the Inventory items in some Subinvnetory using Inventory Open Miscellaneous Transactions form with using Transaction type of ‘Miscellaneous receipts’ .Transaction Type is very Important In this. We also need to enter the GL Account Combination to which this Item Material Should be charged.

Account alias receipt:

This is also one of the Transaction type of the Inventory. Account alias receipt is almost similar like the Miscellaneous receipt in oracle. They also uses to Increate the Stock of the Item in Subinvnetory without having Requirment of Open Purchase order. But the Only Difference between   Miscellaneous receipt and Account alias receipt is that , In Miscellaneous receipt , We need to remember the complete GL Account Combination to which this Item Material Should be charged but in the Account alias receipt we can use the GL Account Combination aliases which we have already created in the GL so that we don’t need to remember the complete account. Account alias is the user friendly name of the GL account combination that helps non finance user to easily remember the names instead of entire gl account combination to which material should be charged.

 

Setting up the Account alias is the first thing to use before using the Account Alias receipt.

Here below is the Setup of the Account alias.