Cost Management - EBS (MOSC)

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LCM >> Implementation of LCM as Pre Receiving or as Service

edited Feb 5, 2012 7:44PM in Cost Management - EBS (MOSC) 2 commentsAnswered ✓

Hi,

Product release and version is R12.1.3. We are working for implementation of  LCM. 

In this regards, we need advice of the experts who have implemented and / or supvised LCM (implementation) in any one or both options (Pre-Receiving & Service).

Modules used in our business include logistic and financial. Costing method is average.
1) Which option (Pre Receiving or Service) of LCM you recommend in our case ?
2) We have Supplier's Invoices in USD or Euro

3) Additinal Charges (Custom duty, Insurance, Bank Charges etc) are in Functional Currency (neither USD nor EURO).

4) Initially, we made setup of LCM as Pre-Receiving. In AP during Entry, validating and matching of Items and Charges Invoices, it was revealed that both types of invoices (Items and charges) MUST be in same currency. Is that correct OR these invoices can be in different currencies?

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