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Get Started with Redwood: Oracle Cloud SCM and Supply Chain Financial Orchestration / Costing
Costing
Discussion List
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Can I create an accounting rule based on the work order type (Standard, Rework, or Transform)?Summary: During our review of the cost accounting distribution for Work Order completion transactions, we observed that the system currently records an Inventory Valuati… -
Accrual account is having balances in Oracle FusionHi Team, Business created a PO with 100 unit price for 1 quantity for example. Received one quantity and did accounting. now accrual and receiving inspection is 100. No …
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What is Setssignment significance in CostOrgRelationship-core costing setup & planning setup?Summary: What is Set assignment significance in Cost Org relationships i.e. core costing setup and planning setup? Content (please ensure you mask any confidential infor… -
Periodic AvgCost, Transfer Order with Prior Period cost will automatically change current month Cst?Summary: In Periodic Avg Costing method, Transfer Order shipped with Prior Period cost, will get automatically change at receiving Inventory organization (Inventory valu…
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In Std Costing, can we roll up Maintenance Asset cost as, based on Maintenance Work Definitions?Summary: In Std Costing, can we roll up Maintenance Asset cost as, based on Maintenance Work Definitions? Content (please ensure you mask any confidential information): …
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Revenue Recognition Occuring in Third Party System. How to Handle COGS in Oracle?Summary: In case of our client, the revenue recognition is occuring in a 3rd party system called RevPro, so when SO is booked the information is transfered to RevPro and… -
Reconciliation when setting up Auto receipt accrual clearing ruleSummary: We had a requirement to clear accruals for Finally closed POs. So, we are testing by creating an accrual clearing rule. We created accrual clearing rule for thi…
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Cost Management is not picking up the future dated recordsWe created 2 sales orders and generated 2 invoices with one with Current date and second invoice with Future date. Afterwards, we ran all the Costing process including "…
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Cost Roll up Error - work order couldn't be created because there's an incomplete operationSummary: We created new cost scenario for the Configured item and performed cost roll up. There are many work orders created from sales order for the configured item. Bu…
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COGS generation for Direct Sales order issue transactionSummary: Experts - how does COGS generation work for "Direct Sales order issue" transaction Revenue recognized and accounted on the invoice ⇒ Ran Import Revenue Lines ⇒ … -
Bulk items standard cost rollup ->Adding the items to Cost Scenario before performing roll upSummary: We have around 165 specific items business wants to perform standard cost roll up. they don't want to perform standard cost for all items in the system. is ther…
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How many levels does cost roll up consider for phantom in oracle cloud?Summary: How many levels does cost roll up consider for phantom in oracle cloud? Content: We have an FG 101277, under which 111103 is phantom. This phantom has one compo…
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Item Standard Cost Missing which was defined earlierSummary: Item standard cost was defined and transactions were processed in Cost Accounting. But all of sudden the cost is deleted from standard cost screen and costing t…
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Standard Costing reportsSummary: Hi Team, Do we have a place where we can get the list of all standard reports that exists in costing today . say it as a repository where I can have the excel t…
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View Cost Rolled up custom role privilegesHi, We created a cost accountant custom role, in that, we want to view only "View Rolled Up costs". (Oracle cloud fusion) We dont want to see manage cost scenarios, mana…
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cost component code TAX_RATE_VARIANCESummary: Content (please ensure you mask any confidential information): Hello Experts I see below error in Cost Pre-processor -Mapping does not exist for component mappi… -
Bill to BU is not showing when creating receipt accounting dist. and we only have expense POsSummary: We are only creating expenses PO and we are looking for accounting entries for this. But when we assigned user Receipt Accounting Role and BU data access still …
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Privilege for "Review Inventory Valuation"Summary: Content (please ensure you mask any confidential information): Hello Experts I am creating a Custom role to see "Review Inventory Valuation" in UI. Please sugge…
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Sub-Inventory Transaction of an Item from Asset Sub-Inventory to Expense Sub-inventoryHello Experts We are doing a sub-inventory transaction for an Inventory Item from Asset Sub-Inventory to Expense Sub-Inventory. Asset Sub inventory = Storage, Asset Sub …
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Invoice Price Variance on Amount based service type POSummary: Will there be an invoice price variance if the AP invoice amount is is matched to an amount based service purchase order and the AP invoice amount is different …
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Consigned Inventory Accounting EntriesWe have a requirement to implement consignment order process to a customer and I am able to run a flow starting from agreement → Purchase Order → Goods Receive to Consig… -
Standard Cost update is not reflecting on Intransit TransactionsSummary: Standard Cost update is not reflecting on Intransit Transactions Transfer order is shipped and not received in Destination Organization(In Transit). In source o…
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Expense Adjustment Account configuration in Receipt AccountingHi there, Where do I go to find where the Expense Adjustment account is configured in Receipt Accounting? For example, we currently have an issue where we want the Expen…
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How to derive a cost center for WIP variances in Subledger AccountingSummary: Customer requires that the cost center on variance accounts be derived based on either the work center or work definition. The work definition is preferred as i…
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Work order variances on process manufacturing work orders with a product and multiple co-productsSummary: We are getting Yield, Usage and Efficiency variances on work orders that have one primary product and multiple co-products. Our work method is process manufactu…
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You can add the item description in landed cost when associating the line with the purchase order,Summary: You can add the item description in landed cost when associating the line with the purchase order, although when managing the columns to add that description fi…
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Average Inventory and Inventory TuenoverSummary: I have been questionning by some clients regarding Inventory Turnover Report. They need a report or a dashboard or something that show them the item that has be… -
To integrate item standard cost from other legacy system, std cost table or item cost table to use?Summary: To integrate item standard cost from other legacy system, std cost table or item cost table to use? Standard Cost can not be handled through Adjustments , how t…
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We are using Standard Costing as cost method and wanted to include freight cost to cost of inventoryWe currently use Standard Costing as our cost method and would like to incorporate freight costs into the inventory valuation. Could you share your insights or any best …
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This requirement is been shared by the business regarding the capture of Recovered Materials.Summary: This requirement is been shared by the business regarding the capture of Recovered Materials.which the business wants to use in their business without any cost/…