Receipt process - INVENTORY_COST_WRITEOFF

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

When Is this event raised?

When doing a receipt against an item or node that has a negative on-hand balance, Inventory Value and Average Cost calculations need to be modified. The application generates this second event to accompany the standard inventory cost change event (INVENTORY_COST_CHANGE). This second event publishes the delta between recalculated inventory value and the write off amount details.

What are the expected updates on the financial system?

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