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ARCHIVED: Miscellaneous Transaction Fails with Error APP-05501: Item Cost Should be Defined Before You Transact (Doc ID 311456.1)

Last updated on APRIL 04, 2025

Applies to:

Oracle Inventory Management - Version 11.5.8 and later
Information in this document applies to any platform.
FORM:INVTTMTX.FMB - Inventory Transactions
*This document includes all versions of Oracle E-Business Suite 11.5, 11i and Release 12*
This note has been archived and is no longer being maintained. Please refer to for current information on this issue.


Symptoms

A Miscellaneous Transactions (Issue or receipt) fails with the following error.

ERROR
APP-INV-05501: Transaction(s) failed
Item cost should be defined before you transact

STEPS
1. Goto Inventory > Transactions > Miscellaneous Transactions
2. The miscellaneous transaction header window appears
3. Choose the transaction date, miscellaneous issue (or receipt), and a source.
4. Choose transaction lines.
5. After entering the item and quantity while saving it errors out as
6. Receive the error.

Cause

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In this Document
Symptoms
Cause
Solution

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