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Exclude invoice cost variances from cost management

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edited May 18, 2020 10:15AM in Costing 4 comments

Content

Team,

I am trying to test the new feature introduced in 20B to exclude Invoice Price Variance based on profile option - ORA_CMR_IGNORE_AP_INV_VAR_ALL.

Currently I have not enabled the profile option.

I have executed the below scenario -

Standard cost of Item is 10 USD

Created Purchase Order for Qty 10, Unit Price 10. Amount = 100

Created Receipt for Qty 10, Price is 10, Amount  = 100

Created Invoice for Qty 8, Price 11,  Amount = 88

Accounting Entries created are as below - 

When Receipt Created - 

Receipt into Inspection Receiving Inspection 100  
  Accrual   100
       
PO Delivery into Inventory Inventory Valuation 100  
  Receiving Inspection   100

 

When Invoice Created - 

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