Impacts of the redesigned acquisition cost processor for purchase order to Oracle Cost Management

"What is the change?

The redesigned acquisition cost processor – released in Update 22D – handles all purchase-related transactions. As a standard feature in Update 24D, the redesigned acquisition cost processor will streamline acquisition cost adjustments by avoiding reconciliation issues, resulting in more accurate inventory valuation for PO receipts with an enhanced audit trail."

Hi guys,

Does anyone have more information about whether this new Cost Management functionality will have any impact on Procurement within Oracle? I am not familiar with this module.

Thanks a lot,

Gisele