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Oracle Consigned Inventory Is Not Accounting PPV On Consumption (Doc ID 2358318.1)

Last updated on JUNE 16, 2021

Applies to:

Oracle Cost Management - Version 12.2.4 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
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Oracle Consigned Inventory is not accounting Purchase Price Variance (PPV) on Consumption when the Unit Price in Blanket Purchase Agreement is different than the Unit Cost of the Item.

EXPECTED BEHAVIOR
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Expect Purchase price variance (PPV) accounting entries when the Unit Price in Blanket Purchase Agreement is different than the Unit Cost of the Item.

STEPS
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1. Setup Item Cost and different Unit Price in Blanket Purchase Agreement
2. Perform Consumption transaction.
3. Review purchase price variance (PPV) accounts : See no accounting in PPV even when the Unit Price in Blanket Purchase Agreement is different than the Unit Cost of the Item

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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