Purchase price Variance (PPV) Is Created Even When Standard Cost And PO Price Are Same
(Doc ID 2550485.1)
Last updated on APRIL 04, 2025
Applies to:
Oracle Cost Management - Version 12.1.3 and laterInformation in this document applies to any platform.
Symptoms
On : 12.1.3 version, Inventory Costing
ACTUAL BEHAVIOR
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Purchase Price variance PPV is created even when standard cost and PO price are same
EXPECTED BEHAVIOR
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Expect no Purchase Price variance
STEPS
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The issue can be reproduced at will with the following steps:
1. responsibility: Purchasing super user
2. Navigation: Purchasing
3. Create Blanket Purchase Agreement & Blanket Release
4. Release and receive the PO
Cause
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In this Document
Symptoms |
Cause |
Solution |