Friday 30 November 2018

Difference Between Account alias issue and Miscellaneous issue

Difference Between Account alias issue and Miscellaneous issue

Here we will be discussing about the Differences Between Account alias issue and Miscellaneous issue. Both Account alias Issue and miscellaneous Issue are Inventory Transaction Types. Both these receipts uses to Reduce the Stock of the Item in the system with out having Requirment to issue the Material against Inventory WIP jobs or wants to do some inventory adjustments related to Issue transaction but both are little bit different their operations or way of working. Here below I will explain in Detail the Difference Between Account alias issue and Miscellaneous issue.
 
 
Difference Between Account alias issue and Miscellaneous issue
 

Account alias issue 

 

Account alias issue is almost similar like the Miscellaneous issue in oracle. They also uses to reduce the Stock of the Item in Subinvnetory without having Requirment of to consume the stock again WIP JOBS. But the Only Difference between   Miscellaneous issue and Account alias issue is that , In Miscellaneous issue , We need to remember the complete GL Account Combination to which this Item Material consumption Should be charged but in the Account alias Issue 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  issue should be charged.
 
 
 

Miscellaneous Issue

 
 This is one of the Transaction type of the Inventory. When we want to reduce the Stock of the Item in the Oracle inventory but we don't want to issue the material against WIP jobs then we can directly issue the Inventory items from some Subinvnetory using Inventory Open Miscellaneous Transactions form with using Transaction type of ‘Miscellaneous Issue’ .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 Issue.

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