Miscellaneous Receipt Uses System Average Cost Even When Unit Cost Is Entered
Last updated on MARCH 08, 2017
Applies to:Oracle Asset Tracking - Version 12.1.1 and later
Information in this document applies to any platform.
***Checked for relevance on 14-Oct-2013***
On : 12.1.1 version, Support Codes
Asset items received into an Average Costing Inventory organization by Miscellaneous Receipt are being assigned the system average cost (at the time of the transaction) per unit when the asset is created in FA, even though the unit cost is being entered in the receipt.
Items received into the same organization via PO Receipt are assigned the unit cost entered into the receipt as expected.
Oracle Asset Tracking User Guide - Release 12.1 (Section : Entering a Miscellaneous Receipt Transaction > Entering the item to Transfer) says:
"If using average costing, enter the unit cost of the item to receive or issue. Leave this field blank to use the system average cost at the time of transaction”.
This implies that is a unit cost is assigned then assets should be assigned that cost and not the system average cost.
Steps to Reproduce
The issue can be reproduced at will with the following steps:
1. Perform Miscellaneous Receipt transaction for asset item into Average Costing org in Inventory - enter a unit cost into the receipt
2. Run Create Assets: Interface Inventory Transactions to Oracle Assets program
3. Newly created assets show system average cost (at the time of the transaction) and not the unit cost
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