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

Can we add LCM actual charges without adding estimate charges

in Costing 12 comments

Hello,
I have a question please.

We have a customer, they receive LCM invoices even before material receiving, so they enter the estimate LCM charges in actual amount just as the Actual amount in the invoice. Is there a way to add only the actual invoices without Estimate (or make only one step instead of two), as the amount is the same.

I have found this reply in Oracle documnt number (Doc ID 2226990.1) but I can't understand it.

 Can we directly add Actual Charge alone without Estimate in an LCM Process?

You don't need an estimation, you can use the actual landed cost where in you can create an trade operation from an charge invoice. The catch with this flow is if the receipt is already consumed by the time an actual charge comes in, based on the cost method, the receipt is revalued or cost is writtenoff.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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