Multiple landed cost charges for a previous period is not handled properly by Actual cost process.

(Doc ID 1932178.1)

Last updated on APRIL 05, 2017

Applies to:

Oracle Process Manufacturing Financials - Version 12.1.3 to 12.1.3 [Release 12.1]
Information in this document applies to any platform.
Multiple landed cost charges for a prior period receipt is not prorated correctly
LCM

Symptoms

Multiple landed cost charges for a prior period receipt  is not prorated correctly .
OPM Actual Cost is not picking up LC Adjustment for Item invoice. Created PO, received, ran through LCM, Ran LC Adjustments Import Process in OPM, Ran Actual Cost Process. Cost, including EST Freight from LCM is correct. Matched item invoice & freight invoice against receipt, ran through LCM & OPM. LC Adjustment generated correctly for freight, did not generate for variance between received price & matched invoice price. Profile GMF:Landed Cost Adjustments Transfer Method to Inventory is set to 'Apply LC Adjustments based on Period Opening Balance'.

This worked fine when the  profile set to 'Apply whole LC Adjustment to Inventory'  .



STEPS
1. Perform an LC adjustment for an item invoice for previous period.
2 In OPM Financials Responsibility run the Actual Cost process.
3 Check the item cost

Cause

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