Cost Management - EBS (MOSC)

MOSC Banner

Material Variance - Clarification

edited Jul 15, 2015 10:02AM in Cost Management - EBS (MOSC) 2 commentsAnswered

Hi Expert,

We are implementing 12.1.3 Oracle Ebiz to one of our client with Average Costing method.

1) Sometime, there will be additional material issue to WO (due to wastage, scrap, not in good condition) than standard quantities required for that FG as per BOM before delivery from factory.

2) We have other exceptional scenario that customer will request for some changes after delivery but before get these FG on board to flight/ship.

Please clarify the following:

1) What is the standard oracle accounting flow?

2) Will oracle prorate this material variance into three categories like WIP, FG, COGS?

3) Are there any report to track material variance like item/job wise for accountant to prorate to all these category when prepare financial statment like income/expense statment and balance sheet.

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS Cost Mgmt Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center