Difference between account alias receipt and miscellaneous receipt

Difference between account alias receipt and miscellaneous receipt

Here we are going to Discuss about , difference between account alias receipt and miscellaneous receipt. Both Account alias and miscellaneous receipt are Inventory Transaction Types. Both these receipts uses to Increase the Stock of the Item in the system with out having Open Purchase Order or uses to do some stock Adjustments in the Oracle system but both are little bit different their operations or way of working. Here below I will explain in Detail the Complete Difference between account alias receipt and miscellaneous receipt.

 

 

5 Differences between account alias receipt and miscellaneous receipt

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.

 Less User-friendly as compered to  Account alias receipt

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.

 

More User-friendly as compered to  Miscellaneous receipt.