My Oracle Support Banner

Incorrect Accounting Depreciable Item Organization With Standard Cost (Doc ID 2416330.1)

Last updated on DECEMBER 04, 2019

Applies to:

Oracle Installed Base - Version 12.0.5 and later
Information in this document applies to any platform.


We have the following situation explained with example.
-Depreciable Item XXX: Tracking on Install Base and Create Assets
-Organization ABC Standard cost $ 500
-Purchase Order Unit Price $ 1000 - Units 3

Accounting Purchase Receipt

Material Account $ 1500
Price Variance $ 1500
Receipt account $ 3000

Accounting Add Asset

Asset account $ 3000
Material account $ 3000

The accounting for the discharge of a depreciate item in an Organization with Standard Cost is incorrect. The material account has differences
Business impact
Incorrect Accounting Depreciable Item Organization with standard cost


To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!

In this Document

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.