How to Recover Miscellaneous Receipt With Wrong Unit Cost in Average Costing
Last updated on FEBRUARY 02, 2017
Applies to:Oracle Cost Management - Version 12.1.3 and later
Information in this document applies to any platform.
On average costing, wrong cost is specified on miscellaneous receipt by user mistake and its updates average unit cost wrongly. How this transaction can be recovered with expected unit cost?
1. Po receipt for 10 quantity with unit cost 5. So current cost is 5.
2. Miscellaneous Issue for 7 quantity with current cost 5.
3. Miscellaneous Receipt for 5 quantity with wrong unit cost 6. So current cost is updated to 5.625.
4. Miscellaneous Issue for 1 quantity with current cost 5.625.
On Step3, Miscellaneous Receipt was executed with unit cost 6 by user mistake. Transaction 3 and 4 should be costed at 5.
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