R12 Account Requirements For Inventory Accrual Reconciliation
(Doc ID 824388.1)
Last updated on DECEMBER 05, 2019
Oracle Purchasing - Version 12.0 and later Oracle Payables - Version 12.0.0 and later Oracle Inventory Management - Version 12.0.0 and later Oracle Cost Management - Version 12.0.0 and later Information in this document applies to any platform.
It is imperative that the correct Accounts are used in Inventory Accrual Reconciliation to achieve the desired results. The Receiving Account should be separate from the Inventory AP Accrual Account because they belong to different Account classes. The Expense AP Accrual Account should also be different from both Receiving Account and Inventory AP Accrual Account if Expenses Accrue at Period End, because the Event Classes in SLA are different. In Release 12 the Invoice Price variance Account is the default contra Account used in Accrual Write Offs and should be different from the Accrual Accounts.
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