Exclude invoice cost variances from cost management
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|
|PO Delivery into Inventory||Inventory Valuation||100|
When Invoice Created -