Re: Taking possession 60 days before receiving product

RD does not create GL transactions
Sent from my Verizon Wireless BlackBerry

-----Original Message-----
From: [email protected]
Sender: mapics-l-bounces-Zwy7GipZuJhWk0Htik3J/[email protected]
Date: Fri, 25 Jun 2010 15:48:06 
To: MAPICS ERP System Discussion<mapics-l-Zwy7GipZuJhWk0Htik3J/[email protected]>
Reply-To: MAPICS ERP System Discussion <mapics-l-Zwy7GipZuJhWk0Htik3J/[email protected]>
Subject: Re: [MAPICS-L] Taking possession 60 days before receiving product

I can't remember off hand but if the RD transaction creates an entry in
INVTXN you can setup your GL rules to have the dollars flow into the
general ledger anyway you like.

> We are starting to take possession of product in Shanghai, but we don't
> want to do the RP transaction until the product reaches the plant in the
> US.  We are considering using the "RD" transaction to record the receipt
> of product in Shanghai.  Our goal is to not disrupt the normal receiving
> process at the plant and to provide purchasing with updated information
> on the status of the product.  We know we will have to do manual
> reversing journal entries at month-end to include this inventory in our
> general ledger.
>
>
>
> Questions:
>
> 1.       Are there any negatives to using the RD transaction this way?
>
> 2.       Does anyone have experience with a similar process?
>
> 3.       Are there issues we should consider before implementing such a
> process?
>
>
>
>
>
>
>
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