Average Costing & Periods

2 periods are open; sep-08 and oct-08, i am adjusting the average cost in the month of sep-08 and it takes effect and shows the adjusted cost. But when i run the report, it displays the previous cost.

Refer Oracle Cost Management User guide.
It's explaining everything in very good manner.

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Perpetual Period Average Costing - PPAC

Hi there,
I am using Perpetual Period Average Costing - PPAC, Can anyone tell me how can I do inventory revaluation to reconcile the variance between OPM inventory and GL inventory balance ?
Note : I have set profile option GMF: Book Allocations using current period basis to YES.
Any update will be very appreciated .....
Regards

Your driving table will be mtl_material_transactions.
Join it with mtl_system_items_b and cst_cost_details to get additional data.
Hope this helps
Sandeep Gandhi
Omkar Technologies Inc.
Independent Techno-functional Consultant
513-325-9026

Price Variance Report - Average Costing

Hi Friends,
We have our costing method as average costed. The Client wants to have a report wherin the PO's item price, item's list price (this will be fixed for a period) and the variance should come. The PO price of items varies dynamically (it may vary for same item from one PO to oter).
We have average costing, where PPV is zero. How to go about it,,do we have any report!!! Or I need to opt for a report development with Item, Iitem's list price, PO's unit price of item, variance, etc. as columns...seeking your valuable support/inputs. Thanks.
With Best Regards,
Nirabh Nayan

Hi Nirabh,
we dont have PPV column in PO seeded reports, we should develop the report as per our requirement.
check this link for more info.
http://docs.oracle.com/cd/A60725_05/html/comnls/us/po/puthpu05.htm
Thanks
-Arif.

Average Costing To FIFO

Dear All,
I am currently working in a implementation project. My client is working on Average Costing Inventory Org but they want report to be in FIFO basis
Report Should show : Item Name, Item Desc, Sub Inventory, UOM, Opening Stock of that period with price, Receipts for that Period with price, Issue for that period with price and Closing Balance on FIFO Basis
Please suggest me how to go about this on the same. Please someone share the code if someone have any. What logic do i need to follow and where to pick the data.
It is show stopper for us now as we do not have any standard report.
Thanks,
Anupam

Your driving table will be mtl_material_transactions.
Join it with mtl_system_items_b and cst_cost_details to get additional data.
Hope this helps
Sandeep Gandhi
Omkar Technologies Inc.
Independent Techno-functional Consultant
513-325-9026

How to change average cost of an item?

We have a scenario where the average cost of the goods has gone completely off of what we think it should be for a few items. Many reasons. But question is how do we change average cost assigned to these items without adding to the inventory?

Hi,
You can change the average cost of an item by performing an average cost update.
The inventory quantity remains unaffected, but depending on whether you are increasing or decreasing the unit cost, the inventory value will get affected to that extent.
Inventory > Costs > Average Cost Update - query the concerned item and update the cost as required.
Thanks,
DS

HT3302 What is the average cost to replace a cracked screen on an ipad?

What is the average cost to replace a cracked ipad screen?

Apple will exchange your iPod for a refurbished one
Out-of-Warranty ServiceIf you own an iPad that is ineligible for warranty service but is eligible for Out-of-Warranty (OOW) Service, Apple will replace your iPad with an iPad that is new or equivalent to new in both performance and reliability for the Out-of-Warranty Service fee listed below.
iPad model
Out-of-Warranty Service Fee
iPad mini
$219
iPad 3rd, 4th generation
$299
iPad 2, iPad
$249
A $6.95 shipping fee will be added if service is arranged through Apple and requires shipping. All fees are in US dollars and are subject to local tax.
Certain damage is ineligible for out-of-warranty service, including catastrophic damage, such as the device separating into multiple pieces, and inoperability caused by unauthorized modifications. However, an iPad that has failed due to contact with liquid may be eligible for out-of-warranty service.Apple reserves the right to determine whether or not your iPad is eligible for Out-of-Warranty service. Replacement iPads have a 90-day limited hardware warranty or assume the remainder of your standard warranty or AppleCare service contract coverage, whichever is longer. Please see the AppleCare+ for iPad and Apple Repair Terms And Conditions for further details.
Here is one third-party place.
iPhone Repair, Service & Parts: iPod Touch, iPad, MacBook Pro Screens
BTW, this is the iPod touch forum.

Average cost of an Article(SKU)

In IS-Retail where can i see the moving average cost of an article. Is there any report or inquiry to view the same or is there a table which stores the value for each location.

Hi,
In Article Master MM42/43 in Logistics DC & in Logistics Stores Screen down underneath you will find Accounting Button.
If you click this you will get Moving average Price field.
MBEW is the table name for Material Valuation and VERPR is the field name for Moving Average Price.
Hope this helps you.
Regards,
ManiKumaar

Inventory Average Costing Question

Hi,
I'm convering onhand quantity from legacy inventory system to Oracle Inventory and we use Average Costing.. Here are the steps.
1. Converting the items via item import.
2. Convering onhand quantity with Misc receipts using transactions interface
3. updating the Average cost of these items via transactions interface .
When i convert the onhand quantity there is no cost for these items and all the mtl_trasnaction_accounts transactions were created with 0$.. With the average cost update, mtl_trasnaction_accounts transactions were created with $ amount..
What is the best sequence for reconcilation point iof view with the inventory and GL???
Please suggest..
Thanks,
Shree

Hi, in my experience the steps you indicates are correct. Anyway, you can avoid step 3 if you put the unit cost directly in the transaction open interface. This is correct only if your costs are not divided in more than one element (eg. you have only the material cost element). If you do in this way, you will see your miscellaneous transactions will have costs and related records on MTL_TRANSACTION_ACCOUNTS will be created with a positive amount.
As you will know, also when you perform a miscellaneous transactions by using the form, you have the possibility to inidcate the unit cost. Normally you do this if your actual average cost is not correct for your transaction, or if the average cost is 0.
If you follow this indications, you should not have problem at the moment of the reconciliation with GL.

Moving Average Costing

My clients business buys used equipment on the secondary market that they refurbish & sell. The prices fluctuate pretty dramatically based upon supply and demand; so it really isn't possible to set a standard cost that would be valid throughout the year. Using standard costs results in huge fluctuations in the inventory purchase price variances month over month and quarter of quarter. Therefore, we explored using moving average costing.
Could someone help me get the moving average to update using PM04, Does SAP actually recommend against using moving average costing?

Charlie,
Thanks for your response. If I understand you right, you are suggesting doing STD pricing every month or quarter instead of attempting MAP? Is that right?
Vishnu

Average Costing - sub inventory rollup

Hi,
I am writing some reports that use average costing.
The reports need to report average cost @ subinventory level, but also @ inventory level.
Does Oracle maintain average cost information @ all levels of the hierarchy or do i need to recalculate @ run time for the the master inventory?
Thanks.

More clarification on this - you can find this on metalink -
The five Valuation accounts and the default Expense account are
defined at the organization level. The valuation accounts apply to
each subinventory and intransit within the organization. They
cannot be changed at the subinventory level under layer costing.
The expense account defaults to each subinventory within the
organization and can be overridden.
You can choose a different valuation account for each cost element, or use the same account for several or all elements.
How you set up your accounts determines the level of elemental
detail in the General Ledger and on Inventory valuation reports.
The system maintains the average unit cost at the organization level; it
does not use any subinventory valuation accounts. If you had separate
valuation accounts by subinventory, total inventories would balance,
but account balances by subinventory would not match the inventory
valuation reports.
Edited by: Aglx on Mar 4, 2010 1:44 PM

Rollup Issue On Average Costing Method

Hi,
I want to understand correctly the meaning of the rollup on 'Average' costing method.
As I understand it, the rollup is meaningful on 'standard' costing method, when I change the costs for some/all items, and I wanted to update the cost of the items parents appropriately.
But in the 'average' costing, if I change the cost for some child item, the cost of the parent will changed by the average by the time.
When I use the rollup on 'Average' costing method ?
Thanks.

hi,
u cannot perform rollup on average costing method.

Average Costing in Process Industry

One of the Client requires average Costing in his Process Industry But Oracle doesnt support Average Costing in Proces Industry in R12.1.3 but supports average Costing only in Discreet Manufacturing.Please help or guide some work around immediately so that the Client could be convinced to go for Standard Costing and than for closing stock valuation some work around could be done.
Thanks & Regards in advance
V K Sharma

Important Things Involved:
O10C --- Control Recepie Destination (Clubbing of recurring PICs)
O12C --- Process Instruction Category (PICs) -- Clubbing of Process Instruction Chars to be displayed
as per requirement on PI Sheet.
O13C --- Process Message Category --- After we have recorded the Enteries in PI sheet, If we need to update some ABAP/ Z table or We need to Trigger some program with those values then mapping for that is done here.
BOM:CS01
Resource:CRC1
Master Receipe:C201
Production Version:C223
PI Characteristics:Ct04/O25C
PP Process Flow:Cr01>Co53>co60/co55/co64/co67-->CO57
SOP:MC84>MC81>mc76>mc75>md63
Demand Management: MD61>MD02>MD04-->Cor1
MRP Run: MD02,MD04

Movement types and effects on moving average cost

Hi all,
can anybody explain me what is moviment type n° 309 (transaction mb1b).
Before of this movement I had in the storage a stock of 15.000 KG and a moving average cost of 6,70 u20AC.
Then I did a movement 309 in MB1B for 4.050 kg.
After that I did a movement 261 (probably with transaction qa11) for 11850,300.
After these movements my moving average cost decreased to 1,29.
what kind of movement are 309 and 261?
Can they change my moving average cost?
thank you
C.

Hello Vallex,
Mvt type 309 is materia to material/batch to batch/valuation type to valuation type transfer. If you have different different price for both material then definately it will change your moving average price.
However, 261 is issue to production order and that will not change your moving average price. it will take material price from material master into the accouting document.
Hope this helps.
Regards,
Arif Mansuri

Average Cost of inventory [Query Required]

Hi All,
*[an advance thank for an urgent help]*
I had find average cost 5.59 based on following information using excel. i have Qty, unit cost and linecost and tran_type column in databased.Based on below calculation how i get this info through SQL. i.e. Cummulative Balance and Cummulative Avg. Cost
Tran_type      Tran_affect     Qty     Unit Cost     Linecost     Cur_Bal     Avg Cost
Opening          +          16     4.86          77.76     16     4.86
Purchase     +          6     5.2          31.2          22     4.95
Sell          -          8     4.95          39.6          14     4.95
Avege Cost Adj.     C          null      1.5          14          14     6.00
Transfer Out     -          4     6          24          10     6.00
Transfer IN     +          7     5.3          37.1          17     5.71
Purchase     +          5     5.2          26          22     _5.59_
Note : here is image of above excel sheet .
image: !http://www.geocities.com/faizvision/avg_cost_data.JPG!
Regards,
Faizan Dosani
Edited by: Fiz Dosani on Apr 21, 2009 2:39 PM
Edited by: Fiz Dosani on Apr 21, 2009 5:03 PM

what adjustments?
Tran_type           Tran_affect      Qty      Unit Cost      Linecost      Cur_Bal Avg Cost
Opening           +           16      4.86           77.76           16      4.86
Purchase           +           6      5.2           31.2           22      4.95
Sell                -           8      4.95           39.6           14      4.95
Avege Cost Adj.     C           null      1.5           14           14      6.00
Transfer Out           -           4      6           24           10      6.00
Transfer IN           +           7      5.3           37.1           17      5.71
Purchase           +           5      5.2           26           22      5.59use tran_affect and do the cumulative sum of qty.

Tolerance in average costing

Dear Pals
Please guide me, can we put tolerance for average cost, for example if average cost is changing by more than 10% then system should alert user.
We have observed due to data entry errors, average cost changed and it is very difficult to correct back.
Thank
Sandeep

Hi Friend
There is no Standard feature for this and you need to go for Custmization which is possible. Consult your technical team to make your requirements.
Regards
Raj
Sierra

Average Costing & Periods

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