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Average Cost Variance Is Used In Large Transactions Resulting From User Error; How to rectify this (Doc ID 604398.1)

Last updated on DECEMBER 03, 2019

Applies to:

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


Performed transactions that generated an amount in average cost variance.
What is the proper way to manage the average cost variance in these cases?
Aalso, is this intended to be an asset or expense account?

User issued inventory at $3,040/lb. instead of $3.04/lb. This generated a 9M+ variance. What is the proper way to rectify these types of user errors?


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