Last updated on APRIL 24, 2017
Applies to:Oracle Process Manufacturing Financials - Version 12.2.3 and later
Information in this document applies to any platform.
On : 12.2.3 version, Other Financial Issues
While performing period close processes, it was found that the Receiving Inspection Account for Lot Cost Management (LCM) does not clear; account is in the negative.
Receiving Inspection Account clears; account is zero.
The issue can be reproduced at will with the following steps:
Scenario or reproducible steps example:
1. Create a Purchase Order (PO) in Dec-15 period for 100 Qty
2. Create Inventory Receive at Dec-15 100 Qty
3. Create Receipt Match Invoice in Dec-15 period for 100 Qty
4. Create Charge Match Invoice in Dec-15 period for 100 Qty
5. Deliver to Inventory 50 Qty at Dec-15 period
6. Run GMF Period Close For Process Organization, GMF: Landed cost adjustment import process, Actual Cost Process (ACP), Cost Update, OPM Preprocessor, and Create Accounting - Receiving Inspection Account clears
7. Deliver remaining 50 Qty to Inventory in Feb-16 period
8. Run GMF Period Close For Process Organization, Actual Cost Process (ACP), Cost Update, OPM Preprocessor, and Create Accounting
Receiving Inspection Account has credit balance
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