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COGS Revenue Recognition Transaction Being Reversed for Unknown Reason (Doc ID 3009570.1)

Last updated on APRIL 22, 2024

Applies to:

Oracle Cost Management - Version 12.2.9 and later
Information in this document applies to any platform.

Symptoms


In review of COGS Revenue Recognition transactions generated for a Sales Order number, found that the initial COGS Revenue Recognition transactions was being reversed for
unknown reason.


 Below are the COGS Revenue Recognition transactions  being generated:

 Example:

 

TRANSACTION_ID   REFERENCE_ACCOUNT    ACCOUNTING_LINE_TYPE     PRIMARY_QUANTITY   BASE_TRANSACTION_VALUE
TRX_11111111              Ref1                          35  (COGS Account)                   20                               52,045.63 (DR)  
TRX_11111111              Ref2                          36  (DCOGS Account)                -20                              -52,045.63 (CR)

 


Transaction_id = TX11111111 is the Cogs Revenue Recognition transaction (Transaction_type_id = 10008) - This is the initial COGS Revenue Recognition transaction transaction

----------------------


Transaction_id =TX22222222 is the Cogs Revenue Recognition transaction (Transaction_type_id = 10008) -  This is the COGS Revenue Recognition transaction that did the REVERSAL This is the issue...

TRANSACTION_ID   REFERENCE_ACCOUNT  ACCOUNTING_LINE_TYPE     PRIMARY_QUANTITY    BASE_TRANSACTION_VALUE
TRX_22222222             Ref1                          35  (COGS Account)                   -20                                -52,045.63 (DR) 
TRX_22222222             Ref2                          36  (DCOGS Account)                  20                                 52,045.63  (CR)

STEPS:

1. Perform COGS revenue recognition process
     a. Create Sales Order
     b  Run  Revenue Recognition and Revenue Accounting in AR
     c. Run Collect Revenue Recognition Information
     d. Run Generate COGS Recognition Events

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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