This paper explains accounting entries for a typical manufacturing company. We list most Manufacturing and Financials accounting entries that Oracle Applications can produce, then provide detailed examples of the most common transactions. We show entries using both standard and average inventory costing.
We cover the following modules:
- Core Financials: General Ledger (GL), Accounts Payable (AP), and Accounts Receivable (AR)
- Core Manufacturing: Order Entry, Purchasing (PO), Inventory (INV), Cost, and Work in Process (WIP)