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Standard Cost Update Completed – Journal Entries Missing in GL

in Costing 2 comments

Dear Team,
Last week, we updated the standard cost for all manufacturing item codes. Normally, when we revise the standard cost in Oracle, the following journal entries are automatically posted to the General Ledger (GL).

However, in this case, for many item codes where closing stock is available, the rate has been successfully updated in the system, but the corresponding journal entries have not been posted to the GL. I have verified the following areas, and everything appears to be in order:

  • Error Transactions
  • Unposted GL
  • Period Closing Errors

The updated rate is correctly reflected in the Cost Accounting module. I am not sure where I might be missing something. Could anyone please support and help me to identify the issue?

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