My Oracle Support Banner

How GL accounts in Cost Groups referenced during inventory transactions (Doc ID 603869.1)

Last updated on MAY 16, 2019

Applies to:

Oracle Cost Management - Version 11.5.9 to 11.5.10.3 [Release 11.5]
Information in this document applies to any platform.

Goal

How are Cost Groups referenced during inventory transactions? 

When the GL accounts setup on a Cost Group are referenced for an inventory transaction versus when the GL accounts setup for the inventory organization are referenced for an inventory transaction.

For example, in the Cost Management Users Guide (Average Costing, page 5-44), the document indicates that for a 'Purchase Order Receipt to Inventory"...
"The accounting entries for the delivery portion of the transaction are as follows:

DEBIT - Organization Material account @ PO cost
CREDIT - Receiving Inspection account @ PO cost"

This implies that the Material Account setup at the inventory organization (Organization Material account) is what is referenced for the PO receipt, however there are notes (example:
<Note 436698.1> that indicate that the GL account referenced on the Cost Group of the product is what would be used for an inventory transaction.

What inventory transactions reference the GL accounts (specifically - Material) at the Inventory Organization level versus the Cost Group level.

Solution

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Goal
Solution
References

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.