R12: Accounting For Inventory Miscellaneous Transaction Adjustment
(Doc ID 2461939.1)
Last updated on APRIL 02, 2024
Applies to:
Oracle Project Costing - Version 12.2.7 and laterInformation in this document applies to any platform.
Symptoms
The expenditure created from Inventory module, was a non capitalizable expenditure and the corresponding task is also non capitalizable. The adjustment made is to change the flag to capitalizable and to generate asset lines.
Since the adjustement is made, the original accounting entry, imported from Inventory, will be reversed and the new accounting entry will be generated, according to the setup of autoaccounting (AA) rules.
Original line will not do accounting again from Projects module, as the original line is already accounted to General Ledger from inventory, that is the reason the line will show the status as "Received"" in cost distribution line (not accepted).
So both DR and CR of the original line is from inventory. The reversal is also done with the same accounts as from Inventory.
User's requirement is to get the accounting information for the new lin e(line number 3) exactly as the original item (line number 1).
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |
References |