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Fusion CST: Average Cost the Purchase Price Change While Receiving Standard Cost Item (Doc ID 2685388.1)

Last updated on JANUARY 07, 2021

Applies to:

Oracle Fusion Cost Management Cloud Service - Version 11.13.20.04.0 and later
Oracle Fusion Cost Management - Version 11.13.20.04.0 and later
Information in this document applies to any platform.

Goal

Average the cost for Purchase price change while receiving standard cost item.

There is a scenario where purchase price changes and while receiving, still receiving at Purchase Order price as a part of Transfer Order.

Example:

Purchase Order 1 -  priced at $2.5 on 6/10 (Supplier: ABC, Item: A123), Delivery Date: 6/15
Purchase Order 2 - priced at $5.0 on 6/12 (Supplier: ABC, Item: A123), Delivery Date: 6/18

Both Purchase Orders are approved.

Since price changed from the same Supplier and Item, while receiving Purchase Order 1 will the cost be averaged between $2.50 and $5.00 ?
What is process for cost to be averaged?
 

Solution

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In this Document
Goal
Solution


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