Last updated on MARCH 08, 2017
Applies to:Oracle Cost Management - Version 12.1.3 and later
Information in this document applies to any platform.
When trying to understand a link between Oracle Order Management and Oracle Projects. As part of a regular shipment scenario with a SHIP Only workflow deferred COGS account is populated as soon as shipment of goods is completed in Oracle. This cost is not transferred to Projects as COGS account valuation is based on the Inventory valuation. Also, if we plan to use Revenue based Cost accrual extension the COGS account is again hit by the calculated value as per the cost budget. This would lead to dual accounting or a same transaction been accounted twice.
Is there any standard Oracle solution available wherein this issue can be handled and we could link Order Management and Projects. If not how is the deferred COGS/COGS account balanced against which account to nullify the additional accounting transaction. Also is there any standard OM workflow which can be used where in no transactions are hit for the COGS account.
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