Create Accounting: Recipient-side Intransit Interorg Shipment for FOB Shipment Journals - Amounts posting to Purchase Price Variance (PPV) instead of Inter-Org Payables (IOP)
(Doc ID 2394204.1)
Last updated on DECEMBER 04, 2019
Applies to:Oracle Process Manufacturing Financials - Version 12.1.3 and later
Information in this document applies to any platform.
On : 12.1.3 version, Subledger Accounting
When reviewing accounting journals, for Event Class/Event Type: Direct Inter-Org Receipt/Direct Inter-Org Receipt, no Transfer Pricing, it was noticed that amounts are posting to Purchase Price Variance (PPV) instead of Inter-Org Payables (IOP). The scenario is as follows:
a. Internal Requisitions/Internal Sales Orders (IR/ISO) between two OPM enabled organizations with the same Operating Unit (OU) but different Legal Entities (LE).
b. Event Fiscal Policies > Purchase Price Variance (PPV) - Internal Orders: Book INV at Item Cost (PPV)
Amounts are posted to Inter-org Payables (IOP) account instead of the Purchase Price Variance (PPV) account.
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