Is It Possible To Recognize PPV On Items Received Into Expense Subinventory?

(Doc ID 2374280.1)

Last updated on MARCH 15, 2018

Applies to:

Oracle Cost Management - Version 12.2.5 and later
Information in this document applies to any platform.

Goal

Business users would like to recognize PPV (Purchase Price Variance) on items that are being received into an expense subinventory. They set their standard costs back in August 2017 and their PO prices have been re-negotiated since then. They would like the difference to be recognized as PPV (Purchase Price Variance), so they want the expense amount to be calculated using the item cost, rather than the PO price. Is there any way to do this?
 

Solution

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