Purchase Order Return Changes the Receipt Value

(Doc ID 2378544.1)

Last updated on MAY 14, 2018

Applies to:

Oracle Fusion Cost Management Cloud Service - Version 11.12.1.0.0 and later
Oracle Fusion Receipt Accounting - Version 11.12.1.0.0 and later
Information in this document applies to any platform.

Goal

A Purchase Order (PO) was received with several receipts. Some of the receipts returned to the supplier in ex. Dec-2017, with the same price as received. In Jan-2018, users changed the item price. After the change was approved, users notice the receipt price/value changed.

This is not expected, as the Return transaction has been costed and accounted last year, where the period has already been closed. See the following error message that occurs when attempting to close the period:
"The transaction period Dec-17 is closed for Costing and the next period 2018-01-01 that is open for costing, is closed for general ledger."

How to correct this issue?
 

Solution

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms