Inventory Management - EBS (MOSC)

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Inventory Valuation Vs GL

edited Nov 2, 2009 11:25PM in Inventory Management - EBS (MOSC) 4 commentsAnswered
Hi 

i have certain query regarding Inventory Valuation vs GL Reconciliation

We are On Oracle Apps R12

we are using PMAC COSTING and we are running costing at Cost Organizaton level not inventory org level,and Our Organization Process Manufactring and our costing method is Average

now i have certain Query

1.What is logic behind Inventory Valuation as per my point of view Average Cost *  On Hand Quantity

2.Our User requirment is that it always match with GL,I want to Know is it correct method always inventory Valuation report match with GL

  Because we have lots of diffrence between Inventory Valuation and GL

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