The Transaction Can’t Be Costed Because A Prior Period Cost Isn’t Available For This Item (Doc ID 2963374.1)

Last updated on SEPTEMBER 12, 2023

Applies to:

Goal

Transactions are not getting costed due to below error for the Month of Jun-23.

The transaction can’t be costed because a prior period cost isn’t available for this item

Cost Method is Periodic Average Cost Method.

The sub inventories where the transaction is process is expense sub inventories.

All transactions having this issue were Subinventory transvers involving either the R&D or TEST locations.

Based on the above, and despite the error code reading “The transaction can’t be costed because a prior period cost isn’t available for this item”

Solution

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.