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Entering Invoice in AR

Posted: Fri Jan 11, 2008 6:22 am
by vangala.jpreddy
Hi

Scenario : If we enter invoice in AR we also entered items, Price, Taxes and saved the invoice (Invoice entered with complete information).

Now let me know will this invoice show any impact on Inventory.

Thanks in advance.
Jayaprakash.[:)]

Posted: Fri Jan 18, 2008 6:08 am
by seneeraj
Yes, It will reduce the item you selected in transaction window as soon as it is complted.

Neeraj Bhatia

Posted: Fri Jan 18, 2008 8:37 am
by vangala.jpreddy
Mr.Neeraj,

Thank you for your reply.

According to your reply. Receivables transactions affect to Inventory. In that case why should we implement Order Management module. Is there any advantages by implementing OM Module.

Jayaprakash.

Posted: Mon Jan 21, 2008 9:02 am
by ramesh.nalem
Hi Reddy,

Order Management is the intermediatory between the Oracle Inventory and AR . In OM you will raise sales Order, but you will not manfacture the Item.

When you raise a order from OM, automatically the Inventory item quantity will be decreased and by using the Sales Order number the invoice will be created in AR by running the Auto Invoice Master Program/Manually.

so there is indirect relationship between AR and Inventory.

Posted: Wed Jan 23, 2008 3:46 am
by ahsan.global
Agree with Ramesh...Inventory holds FG info. Auto process from AR reduces FG lnventory levels.
If you are implementing only AR (inventory not included) than only item info qty, UOM is captured by AR, but now it's a manual process. don't have effect on inventory.

Posted: Wed Jan 23, 2008 4:02 am
by vangala.jpreddy
Thank you Ahsan,

That is what I have expected. Now I satisfy with your answar.

The question asked in Genpact Interview.

Regars,
Jayaprakash.