Last updated on MARCH 04, 2017
Applies to:Oracle Enterprise Asset Management - Version 11.5.10 to 12.1.3 [Release 11.5 to 12.1]
Information in this document applies to any platform.
After Inventory Period is closed ,WIP (EAM) Period Close Variance entries are passed to GL. During Year End Closing, we noticed 'Period Close Variance' transaction entries are generated during the Inventory Period(EAM Enabled Inventory Org).
Actually the Work Order Cost Estimate Processor was Not Run nor Work Order Cost is not estimated.
But When we try to reproduce the issue in the Clone instance, we come across very strange observation, whether We do Work Order Estimate or Not, during Period Close ,'Period Close Variance' are generated for the all the materials issued against the Work Orders.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
Million Knowledge Articles and hundreds of Community platforms