Receipt process - INVENTORY_COST_CHANGE

Configure the INVENTORY_COST_CHANGE receipt process event for the INVENTORY_COST_CHANGE transaction ID.

When Is this event raised?

This event is raised for any order receipt such as a purchase order, return order and so on. For example, at the time of purchase order receipt this event is raised from the inventory management module for each receipt line containing details of a single receipt line to generate G/L level postings in a financial application. One event is published for each purchase order line as a receipt is recorded against it. If a purchase order line is received in multiple receipts, multiple events are raised.

What are the expected updates on the financial system?

This event can be used to update general ledger entries for accounts payable accruals and inventory value accounts.