Process Manufacturing - EBS (MOSC)

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Product lot costing when in WIP over multiple period-R12

edited Jul 30, 2015 7:57AM in Process Manufacturing - EBS (MOSC) 6 commentsAnswered


Hi,

We have a scenario as below in OPM Lot Costing (R12):-

Batch created in the month of MAY-15. Product yielded in May, Jun & Jul. Now want to close the inventory period after create accounting for the month of May-2015. What would happen about the product lot that has been yielded in MAY -15? The batch status is still in "WIP", how to get the appropriate cost of the lot and when it would be transferred into GL? 

Thanks

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