Interested to Buy Any Domain ? << Click Here >> for more details...
What is the difference between expense item and inventory
item ????
- 8 Answers
- 51778 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / durga prasad
Expense item- It is the item which is not for sale.
(Inventory - It is a Godown where material is stored)
Inventory item- It is the item which is available in
inventory.
| Is This Answer Correct ? | 28 Yes | 7 No |
Answer / sandeep som
Expence Item is the captive consumption of the organisation
and it will not be tranferred to the inventory hence will
not hit the inventory valuation account.
Inventory Item will hit the inventory as well as inventory
valuation account and it will be used in production of
finished goods.
| Is This Answer Correct ? | 12 Yes | 2 No |
Answer / raghav bhushan
Expense Item -- Expense Item is an Non Inventorized and Non
Stockable Item, Receiving of Expense item is possible only
by Direct Delivery.
Inventory Item -- Inventory Item is an Inventorized and
Stockable Item, Receiving of Inventory Item can be done by
any of the receiving routing
1.Direct Delivery
2.Standard Delivery
3.Inspection Required
| Is This Answer Correct ? | 20 Yes | 11 No |
Answer / suresh
Inventory item: Costing is enabled in item attribute
Inventory is enabled in attribute
Inventory assert value enabled in item attribute
Expense item:Costing,,,inventory...Inventory assert value all are disabled
There is no charge account for expense account....
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / imran
An inventory items is a part or service you purchase, sell,
manufacture etc
and
An expense items are used to or support to run inventory items
| Is This Answer Correct ? | 5 Yes | 4 No |
Answer / ashish srivastava
Inventory Item:- Inventory Items are those Items for which
we maintain the Inventory/Stock. and Consume in Production
Expense Item: These Items have No Stock Available in System
its directly consume after the delivery of Item. Mainly
these are Capital Items which is used as a asset of the
company.
| Is This Answer Correct ? | 7 Yes | 7 No |
Answer / sham
expense item : items which are required for execute the
process of main production but not the BOM part are called
the expense items.
Inventory Items: means items in the stock required for the
production or process.
| Is This Answer Correct ? | 10 Yes | 13 No |
Answer / menaka
Items that cannot be a part of the BOM is expense item and
items that are a part of BOM is inventory item
| Is This Answer Correct ? | 5 Yes | 9 No |
while shipping, under delivery tab if we didn’t mention organization/inventory will the order be back order?
WHAT ARE THE DIFF TYPES OF CALENDERS IN R12 ??? PLS EXPLAIN THEIR FEATURES ????
what is the significance of BILL OF LANDING PROGRAM in Order Management?
How to make an Item as a Stock Item but not for Sale.
Have you handled SR and worked with Oracle for resolution of issues? If yes, how do you assign the priority while raising a SR?
What are all the difference between version 11i and R12 ??? Will anybody explain to me ???????
In OM customer requested for Item A but shipped Item B (Substitute Item). If customer returns substitute item what steps we follow Is there any steps for substiture RMA returns?
Is there a way to update schedule ship date for all lines of SO in one go?
Where to find the ISO accounting entry details?
Is it possible to change the wearhouse after booking the Sales order, If Yes how to de allocate the items booked in previous wearehouse?
What are the different types of RG Registers?
Wanted to send the Notification to the Supplier by e-mail.
Oracle Apps Technical 
