Impact of transaction dates for miscellaneous transactions for PMAC costing method organization — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register
Get Started with Redwood: Oracle Cloud SCM and Purchasing

Impact of transaction dates for miscellaneous transactions for PMAC costing method organization

One of our clients is using periodic average costing and the open period is Nov 23, while client wanted to perform few transactions in November itself. But while creating miscellaneous transactions somehow user forgot to change system date and issue transaction was processed in Jan 24 instead of Nov 23. Now to rectify this we are in the thought of reversing it by performing receipt transaction for the same quantity with system date. Later perform the required transactions with November date. Does this impact when Jan 24 period gets open.


In perpetual cost method layers get created, where as Periodic Average Cost method doesn't have any layers.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!