Accounting Entries (OPM)

Event Type

Event Class

Receive to Inspection

Receiving

PO Receipt

Deliver to or Return from Inventory

Return to Vendor

Receiving

Return to Receiving from Inventory

Deliver to or Return from Inventory

Invoice IPV Adjustment

Invoicing In Actual Costing

All

Miscellaneous Transactions

(Misc receipt)

Batch Release

Batch Material Transactions

(WIP Raw Materials Charging)

Step Completion

Batch Resource Transactions

(Resource Charging)

Batch Completion

Batch Material Transactions

GL Cost Allocation

GL Cost Allocation

(Cost Allocated though GL Expense Allocation)

Batch Close

Batch Close Variances

(When there is ingrediant issuance but no output as in the case when plant is started up) This is taken to INV Valuation through manual JV  Actual Cost Adjustment

Actual Cost Adjustment

Sales Order Issue

Shipments

COGS Recognition

Shipments

All

RMA

All

Sub-inventory Transfers

Accounting Entries Receiving Inspection

DR

Accrued Accounts Payable

INV Valuation

CR

DR

Receiving Inspection

Accrued Accounts Payable

CR

DR

Receiving Inspection

CR

Receiving Inspection

DR

Accrued Accounts Payable (for Overheads)

DR

INV Valuation

INV Valuation

CR

DR

Invoice Price Adjustment

INV Valuation

CR

DR CR

Inventory Adjustments Expense

WIP Valuation (Finished goods)

DR CR

INV Valuation (Ingrediant)

WIP Valuation (Finished goods)

DR

Resource Control Account

INV Valuation (Finished Goods)

CR

DR CR

WIP Valuation (Finished goods)

INV Valuation (Finished Goods)

DR CR

Cost Allocation

Batch Close Variance

DR

WIP Valuation

INV Valuation

CR

DR

CR

Clearing Account

Deferred Cost of Goods Sold

DR CR

INV Valuation

Cost of Goods Sold

DR

Deferred Cost of Goods Sold

INV Valuation

CR

DR

Cost of Goods Sold

Inventory - Transfer To Inventory - Transfer From

CR

DR CR

Batch close variance

51525000 WORK IN PROCESS 51525001 AMMONIA 51525002 NITRIC ACID 51525003 AMMONIUM NITRATE CRYSTAL 51525004 Closing Stocks-CO2 Liquid 51525011 WIP-Ammonium Nitrate 51525012 WIP-De-mineralized Water 51525013 WIP-Polished Water 51525014 WIP-Cooling Water 51525015 WIP-Power 51525016 WIP-Steam from Utilities 51525017 WIP-Steam from Nitric Acid 51525018 WIP-Average Steam 51525101 WIP-Calcium Ammonium Nitrate 51525102 WIP-Nitro Phosphate 51525103 WIP-Urea CER

51530000 Semi Finished Products 51530001 Semi Finished-AMMONIA 51530002 Semi Finished-NITRIC ACID 51530004 Semi Finished-CO2 Liquid 51530011 Semi Finished-Ammonium Nitrate 51530012 Semi Finished-De-mineralized Water 51530013 Semi Finished-Polished Water 51530014 Semi Finished-Cooling Water 51530015 Semi Finished-Power 51530016 Semi Finished-Steam from USG HRSG 51530017 Semi Finished-Steam from Nitric Acid 51530018 Semi Finished-Average Steam 51530019 Semi Finished-Chilled Water 51515001 CALCIUM AMMONIUM NITRATE(F)

51515011 NITRO PHOSPHATE(P)

51515021 UREA(P)

10

1.1

110

51535000 Product cost clearing accounts 51535001 Product cost clearing accounts-Cost Adjustment 51535002 Product cost clearing accounts-Batch Close Variance 51535003 Product cost clearing accounts-Cost Allocation 51535004 Product cost clearing accounts-Inventory Adjustments Expense

71620099 Cost of Goods Sold Contra Account

71610001 Cost of Goods Sold CAN 71610011 Cost of Goods Sold NP 71610021 Cost of Goods Sold Urea 71620001 Cost of Goods Sold Ammonia 71620011 Cost of Goods Sold Nitric Acid

71095002 Deffered Cost of Goods Sold (Oracle)

0.482

53.02