The Accounts involved in the Pick, Pack and Ship in the Item Fulfillment process include a Cost of Goods Sold account and an asset account. These accounts are assigned to the item.
The Cost of Goods Sold and the Asset accounts are actually not impacted at the "Picked" and "Packed" statuses but only at the "Shipped" status.
These are the GL impact of the three Item Fulfillment statuses.
- Picked (this is a non-posting transaction)
Debit: Cost of Goods Sold
Credit: Asset - Packed (this is a non-posting transaction)
Debit: Cost of Goods Sold
Credit: Asset - Shipped (this is a posting transaction)
Debit: Cost of Goods Sold
Credit: Asset