Data Collection Scripts and Process Flow for Periodic Average Costing ( PAC IPAC ) - Cost Management
Last updated on JANUARY 31, 2018
Applies to:Oracle Cost Management - Version 184.108.40.206 to 12.2.5 [Release 11.5 to 12.2]
Information in this document applies to any platform.
Cost Management-> Periodic Costing -> Periodic Cost -> Periodic Acquisition Cost Processor (CMCACQ, CMCPAM)
Cost Management-> Periodic Costing -> Periodic Cost -> Periodic Acquisition Cost Adjustment Processor (CSTPACAP)
Cost Management-> Periodic Costing -> Reports -> Periodic Absorption Cost Processor (CST_INTERORG_TRANSFER)
Phase 1-4 (all cost groups)
Phase 1: Periodic Acquisition Cost Process
Phase 2: Copy Prior Period Balance
Phase 3: BOM Explosion
Phase 4: WIP Processor
Phase 7: Absorption Cost Process (all cost groups)
Phase 5: Periodic Cost Processor
Phase 6: Periodic Distribution Processor
Cost Management-> Periodic Costing -> Periodic Cost -> Periodic Cost Processor (CMCPAW)
Cost Management-> Periodic Costing -> Periodic Cost -> Periodic Cost Distribution Processor (CSTPDPPC)
**** Checked on Relevance on 31-JAN-2018 ****
Periodic Average Costing is an option that enables customers to value inventory on a periodic basis.
Periodic Costing is relevant for customers with fiscal inventory reporting requirement as it is invoice-based and allows you to include additional invoiced charges in the cost of the item.
Periodic Costing is also used by customers who want invoice-price based valuation of their inventory to set standards or to update their perpetual costs.
An approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to each unit of production. (APICS Dictionary, 2003
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