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Modifying Default Accounting Entries in Oracle for "Work in Process Product Completion".

in Costing 3 comments

Discussion Point: Modifying Default Accounting Entries in Oracle for "Work in Process Product Completion"

During my review of the cost accounting distribution for the "Work in Process Product Completion" transaction, I noticed that the default Oracle functionality debits the Inventory valuation account and credits the Work in Process (WIP) valuation account.

I am considering modifying this default accounting setup to achieve the following:

  1. Debit the Inventory valuation account associated with Cost Center A.
  2. Credit the Inventory valuation account associated with Cost Center B.
  3. Subsequently, debit the Inventory valuation account associated with Cost Center B.
  4. Finally, credit the WIP valuation account.
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