After Period Closing, Variance Accounts Of Open Work Orders Are Affected, Hence Can the Capitalization Still Be Done for Entire WO Value
Last updated on MARCH 04, 2017
Applies to:Oracle Enterprise Asset Management - Version 12.0.6 and later
Information in this document applies to any platform.
After period closing, variance accounts of open work orders are impacted.
After Inventory Period is closed ,WIP (EAM) Period Close Variance entries are passed to GL.
Is it possible to capitalize work orders after closed periods?
Suppose we are closing periods monthly and after 6 months a project is finished and we have more than 10 work orders for this project which has been done by contractor (outside processing service), is it possible to capitalize these work orders after closed periods since this project will be done after 6 months?
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