Not Able To Create Miscellaneous Transactions, Received the Error "Transaction Processor Error Item Cost Should Be Defined Before You Transact"

(Doc ID 1455778.1)

Last updated on NOVEMBER 05, 2016

Applies to:

Oracle Cost Management - Version 12.1.2 and later
Oracle Inventory Management - Version 11.5.10.2 to 11.5.10.2 [Release 11.5.10]
Information in this document applies to any platform.
***Checked for relevance 18-Jan-2016***

Goal

 

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 ?

 

   ERROR

   -----------------------

  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.

 

   STEPS

  -----------------------

   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

Solution

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