Cancel Internal Sales Orders (ISOs) and Inter-Organization Transfers (IOTs) that are Lost While In Transit

You can now cancel internal sales orders (ISOs) and inter-organization transfers (IOTs) that are lost while in transit. Upon cancellation, the system moves the shipments out of the intransit inventory and moves them into an expense, non-quantity tracked subinventory charging the expense account.

The accounting entries for cancellation are:

Cr Intransit / Dr. Expense

Steps to Enable

For more detailed inventory setup, refer to the Inventory Management What's New document.

This feature requires a non-quantity tracked Expense Subinventory and Locator for lost items. The Subinventory and Locator are specified on the Organization Parameters form under the Inter-Org information tab.

Two New Parameters in Organization Parameters

Two New Parameters in Organization Parameters

The expense account should be defined against the expense subinventory.

Expense Account Definition

Expense Account Definition

Key Resources

  • Oracle E-Business Suite News and Information: oracle.com/ebs
  • Oracle E-Business Suite Product Documentation: https://docs.oracle.com/cd/E26401_01/index.htm
  • Oracle University: https://www.oracle.com/education
  • Oracle Support: https://www.oracle.com/support