Not Able To Create Miscellaneous Transactions, Received the Error "Transaction Processor Error Item Cost Should Be Defined Before You Transact"
Last updated on NOVEMBER 05, 2016
Applies to:Oracle Cost Management - Version 12.1.2 and later
Oracle Inventory Management - Version 18.104.22.168 to 22.214.171.124 [Release 11.5.10]
Information in this document applies to any platform.
***Checked for relevance 18-Jan-2016***
On : 12.1.2 version, Inventory Transactions
When attempting to perform a miscellaneous receipt, the following error
occurs. Receive the same error when performing a WIP Completion.
Is is only occurring in organization code N01. Why ?
Transaction processor error Item cost should be defined before you transact
Action: Check if the cost-enabled flag is set correctly in the item master
and also check if the item cost is defined in the costing module.
The issue can be reproduced at will with the following steps:
1. Transactions>Miscellaneous Transactions
2. Enter details for the transaction and try to save
3. Get Error
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