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R12: Need Cost Variance Account Entries for Return to Vendor (RTV) Transactions (Doc ID 1270738.1)

Last updated on DECEMBER 16, 2016

Applies to:

Oracle Process Manufacturing Financials - Version 12.0.4 and later
Information in this document applies to any platform.
***Checked for relevance on 08-SEP-2015***

Symptoms

In R12 where Period Moving Average Cost is used:
an item was purchased and received during a certain a period and was returned to vendor in another period.

The average cost of the item has changed between the time it was received and the time it was returned.

Is there a way, in OPM Financials, to post the difference in the cost into a Cost Variance account?

Cause

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In this Document
Symptoms
Cause
Solution
References


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