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Fusion CST: Why System Is Not Following FIFO Logic In Actual Costing (Doc ID 2721262.1)

Last updated on MARCH 12, 2021

Applies to:

Oracle Fusion Cost Management Cloud Service - Version 11.13.20.07.0 and later
Information in this document applies to any platform.

Goal

Why System is not following FIFO logic in Actual costing for below scenario :-

 

A On hand in a valuation unit is created on date 5/5/2020 via two PO Receipt (7 and 1 quantity) with 2 different cost.(7qty- 1333.18847 and 1qty- 3601.28232)
B On hand in the same valuation unit is created on date 5/6/2020 via Account Alias Receipt (8 quantity) with different cost (3601.28232)
C Sub-inventory transfer is performed for quantity 8
D System considered cost associated from Account Alias Receipt for this transfer (3601.28232)
E On hand was reduced on dated 5/6/2020 via Account Alias Issue (8 quantity)
F System considered cost associated from Account Alias Receipt for this transfer (3601.28232)
Ideally system should have followed FIFO and considered cost associated from PO Receipts (7qty- 1333.18847 and 1qty- 3601.28232).
 

Solution

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In this Document
Goal
Solution
References


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