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Thanks @Patrick Fresnosa-Oracle - I checked and found the error. The currency's default locale field was set to United States. I updated it to India and the reports got corrected with it. Thanks for providing directions. The override currency format was not marked originally so I did not have to update it.
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@Patrick Fresnosa-Oracle No, I am not generating consolidated reports. I have selected the India entity in subsidiary context.
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@Joy Noreen Magoling-Oracle thanks for the response. However the landed cost function increases the value for inventory. In the example above, specifically for installation cost, the cost in incurred as part of our delivery fee to the customer. This is done by a contractor and is not part of our carrying cost for…