Variance Amount Generated by the PAC Calculation is not Going Into Cost Variance Account
(Doc ID 2966607.1)
Last updated on AUGUST 10, 2023
Applies to:Oracle Cost Management - Version 12.2.6 and later
Information in this document applies to any platform.
COST:PAC: The variance amount generated by the PAC calculation is not going into cost variance account
The variance amount generated by the PAC calculation is suppose to go into the cost variance account but upon checking cannot see the values.
A variance value is calculated each time there is a difference between PAC cost and the Purchase price. This variance should be reflected on the cost variance account
The variance amount generated by the PAC calculation is suppose to go into the cost variance account
The issue can be reproduced at will with the following steps:
1. Responsibility: Cost Management - SLA
2. Navigation: Costing
3. Under PAC > Periodic Costing > View Periodic Material and Receiving
Source type= Periodic Cost Update
NO variance account displayed
4. Review following reports:
Periodic Acquisition Cost Report
Periodic Inventory Value Report
Periodic Material and Receiving Distribution Details Report
Items Cost Change report
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