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

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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.
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Refer Oracle Cost Management User guide.
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More clarification on this - you can find this on metalink -
The five Valuation accounts and the default Expense account are
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The expense account defaults to each subinventory within the
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The system maintains the average unit cost at the organization level; it
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but account balances by subinventory would not match the inventory
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Edited by: Aglx on Mar 4, 2010 1:44 PM

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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.
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When I use the rollup on 'Average' costing method ?
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hi,
u cannot perform rollup on average costing method.

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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.
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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
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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,
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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 To FIFO

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