Inventory Transactions Transfer to Oracle Projects using Oracle Project Manufacturing

1. Define Projects

2.Assign Project Parameters ( ensure to select Project, Inventory Organization, Cost Group project)

3. You can use Borrow Pay methods to transfer costs to Projects  

     Inventory Transfer from Projects to Projects

      Inventory transfer from Projects to non projects sub inventory

     Inventory transfer from non projects sub inventory to Projects locator

All project related material will be purchased as expense to the project on a separate purchase order.

In some cases, especially where the material might have a longer lead time, the client was able to satisfy the immediate project requirement by using existing material that they already had in their inventory.

We will utilize the miscellaneous transaction to issue the material from the inventory location directly to the project accounts. First, you will need to create a new user defined transaction type that will be associated with the miscellaneous transaction. This transaction type will have the Project flag turned on which indicates that it will be associated with a project.

As with all transactions that are project related, you must make sure that the project manufacturing parameters are set for the project to allow these issues and costs to flow over to the project costing. You will assign the organization and the cost group that will be used for the miscellaneous transaction in the project manufacturing parameters form.

Next, we also will create an account alias that we will be able to use for the transaction source when we perform the miscellaneous issue of the material. This will define the account that will be debited when we issue the material.

Now, we are ready to perform the material transaction to remove the material from the regular inventory accounts and transfer the material directly to the project and the project accounts.

Navigate:  Inventory > Transactions > Miscellaneous Transact

1. Tab from the date field (accept default)
2. In the Transaction Type field, select Inventory Issue to Projects
3. In the Source field, select PROJECT WIP as the source
4. Click on the Transaction Lines button (the Inventory Issue to Projects window will open)

1. Enter the item number that you are transferring to the Project in the Item field
2. Tab to the Subinventory field, select the subinventory where the item is currently located
3. Tab to the Locator field, select the locator for the subinventory
4. Tab to the Quantity field, enter the quantity to be transferred
5. Tab to the Source Project field, select the project number to be charged
6. Tab to the Source Task field, select the task number to be charged
7. Tab to the Expenditure Type field, select the expenditure type (ex. Misc. Charge)
8. Tab to the Expenditure Org field, select the expenditure organization (ex. Milwaukee Service Center)
9. Save the record

This will remove the item from inventory and perform a credit to the inventory account and debit the Project WIP account.

Using this simple transaction, we were able to allow this client the ability to handle a specific exception to their standard rule;