18710261 Wrong Accounting In WIP Transactions For OSP Purchased In Foreign Currency (Doc ID 1682641.1)

Last updated on SEPTEMBER 26, 2016

Applies to:

Oracle Cost Management - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version, Inventory Costing

ACTUAL BEHAVIOR
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Values in functional currency are correct, but the values in the foreign (purchase) currency is not converted for the wip valuation account and as a result, the calculated PPV in foreign (purchase) currency is wrong as well.
It even happens some times that the calculated PPV in functional currency is a debit value and the PPV in foreign currency is a credit value. When this happen, the Create Accounting - Cost Management fails and the transaction stays unaccounted.

EXPECTED BEHAVIOR
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WIP valuation should be converted in the foreign currency so that the PPV is correctly calculated

STEPS
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The issue can be reproduced at will with the following steps:
1. Create a discrete job containing an outside processing operation purchased in foreign currency (Ex EUR ; functional currency is CHF)
2. Create Purchase order for the outside processing operation – Approve the purchase order
3. Receive, Accept and Deliver the outside processing
4. Wait for WIP distribution to be created (functional currency is CHF)
5. Launch Create Accounting – Cost Management report to account the transaction
6. Output of Create Accounting – Cost Management attached to SR (SLA Inventory 06-05-14.docx)

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot obtain the correct accounting using Foreign currency.

Cause

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