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  2. Rules
  3. ERP Armor: Rules for ERP Cloud

What are the risks related to the IM011 rule related to Create and Maintain Cycle Counts vs Receiving Transactions?

Entry of cycle count to write off stolen inventory or to manipulate inventory balances then entry of a goods receipt to manipulate the inventory balance. Poor controls over supplier entry may allow a user to enter a receipt against a fictitious supplier/PO and submission of a fraudulent invoice, allowing actual cash theft to be done. The manipulation of the inventory balance could conceal the fraudulently entered invoice.