Last updated on APRIL 05, 2017
Applies to:Oracle Process Manufacturing Financials - Version 12.1.2 to 12.1.3 [Release 12.1]
Information in this document applies to any platform.
The accounting generated for Landed Cost Absorption in case of non-recoverable tax is getting credited twice,
i.e. once with Inventory AP Accrual & secondly with Landed Cost Absorption Account. The non recoverable tax is getting accounted twice.
The LCM is part of OPM Financials.
The following note has been used:
EBS LCM : How Does the Landed Cost Management Impacts the Accounting Flow in a Procure To Pay Cycle (Doc ID 782920.1)
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