Incorrect Amount In The Landed Cost Absorption Account

(Doc ID 2175197.1)

Last updated on SEPTEMBER 30, 2016

Applies to:

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


On : 12.1.3 version, Landed Cost Calculation

Incorrect amount in the Landed Cost Absorption account

A PO is created and approved, then a shipment is created in LCM with landed cost. After reviewing my View Landed Cost everything is ok because the item amount plus landed cost can be seen.

The receipt is working fine but when Create Accounting - Cost Management in Cost Management is run, the Inventory Journal (PO Delivery to Inventory) is ok but the receipt Journal (Receipt into Receiving Inspection) is wrong because it isn't calculating correctly the Landed Cost Absorption amount.

Inventory transaction Receipt into Receiving Inspection should calculate the correct Landed Cost Absorption amount.

The issue can be reproduced at will with the following steps:
1. Create and approve a PO
2. Create an LCM Shipment with Landed Cost.
3. Verify everything is correct in View Landed Cost
4. Run Create Accounting - Cost Management.
5. Review Journal entry and see that Receipt into Receiving inspection does not have correct calculation for Landed Cost Absorption.




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