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As Per Accounting Standards IAS 2 Inventory Needs To Be Valued At The Lower Of Cost And NRV. Is It Possible? (Doc ID 2403769.1)

Last updated on MAY 27, 2018

Applies to:

Oracle Process Manufacturing Financials - Version 12.2.4 and later
Information in this document applies to any platform.

Goal

As per accounting standards IAS 2 inventory needs to be valued at the lower of cost and NRV.

Is this functionality available in OPM Financials?
 

Solution

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