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Average Cost Update incase of Invoice Price Variance — Cloud Customer Connect
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Average Cost Update incase of Invoice Price Variance

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edited Sep 17, 2019 11:45AM in Costing 6 comments

Summary

System is not adjusting the item average cost for the invoice price variance- IPV to the extent of item still on-hand.

Content

Hi All

System is not adjusting the item average cost for the invoice price variance- IPV to the extent of item still on-hand and hence the inventory valuation as well is not correct.

System is putting the entire amount to Inventory write-off.

The requirement is As per the Doc ID 2215054.1 (Point 2).

Can any body tell, any specific setup we are missing?

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