Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Does Perpetual Average Cost consider PO Return to Vendor as a cost owned transaction?

Summary:

It is important for the business to understand if either Perpetual average cost method and Periodic one (PAC - introduced with release 22B) consider PO Return To Vendor (RTV) transaction as a Cost Owend transaction which affect the new unit cost calculation.

Content (required):

It is important for the business to understand if either Perpetual average cost method and Periodic one (PAC - introduced with release 22B) consider PO Return To Vendor (RTV) transaction as a Cost Owend transaction which affect the new unit cost calculation. In the User guide it seems such RTV transaction is not considered a Cost Owned transaction and this is not compliant with statutory regulation. On EBS such transaction was correctly included.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!