Last updated on NOVEMBER 02, 2014
Applies to:
Oracle Cost Management - Version 12.1.2 to 12.1.3 [Release 12.1]Information in this document applies to any platform.
***Checked for relevance on 12-MAR-2013***
Symptoms
ACTUAL BEHAVIOR
IPV Account Have No Offset with Debit Memo on PAC
EXPECTED BEHAVIOR
IPV Account should have Offset with Debit Memo on PAC (Periodic Average Costing).
STEPS
The issue can be reproduced at will with the following steps:
Using PAC Costing Method
Use the following for example:
1. Receive goods on 5/10, QTY=17.33, Price=8.1, Amount = 140.37
2. Create Accounts Payable (AP) Invoice for 140.37
Dr. Accrual AP $140.37
Cr. AP $140.37
3.Create AP Debit Memo for Price Correction, QTY=17.33, Price=-2, Amount = -34.66
Dr. AP $34.66
Cr. IPV $ 34.66
4. Re-Run PAC Programs
5. The expected values for the Receiving Accounting is
Dr. Receiving $ 105.71
Dr. IPV $ 34.66
Cr. Accrual AP $ 140.37
6. But the Result is showing as the following:
Dr. Receiving $ 105.71
Cr. Accrual AP $ 105.71
This causes two issues:
1)Accrual AP can not be fully netted
2)IPV Account can not be fully netted
Cause
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