Purchase Receipt Correction: Generated Transactions
To correct a purchase receipt, you create and process a correction purchase receipt. To track the movements of items, the system generates the GL transactions described in the following sections.
Transactions Generated for a Correction Purchase Receipt
On release of the correction receipt, the system generates a correction inventory issue transaction with lines that have the Issue and Receipt transaction type. Additionally, the system may include a line with the Adjustment type. When an inventory issue with lines of the Issue, Receipt, and Adjustment transaction types is released, the system generates the following general ledger transactions.
| Account | Source of Account | Debit | Credit |
|---|---|---|---|
| Inventory account | Depends on the option selected in the Use Inventory/Accrual Account From box on the Posting Classes (IN206000) form for the item's posting class | Amount | 0.00 |
| PO accrual account | The account in the Accrual Account box on the Details tab of the Purchase Receipts (PO302000) in the line of the correction purchase receipt | 0.00 | Amount |
| Inventory account | Depends on the option selected in the Use Inventory/Accrual Account From box on the Posting Classes form for the item's posting class | Amount | 0.00 |
| Adjustment account | Depends on the account specified in the Purchase Receipt Correction Reason Code box on the Posting Classes form for the item's posting class | 0.00 | Amount |
| Inventory account | Inventory account used in the original inventory receipt for the item | 0.00 | Amount |
| PO accrual account | PO accrual account used in the original inventory receipt for the item | Amount | 0.00 |
On the Financial tab of the Issues (IN302000) form, the Batch Nbr. box shows the reference number of the GL batch. You can click this link to view the GL batch on the Journal Transactions (GL301000) form.