Projects and OPM Inventory

Does anyone know of a way to bring in Oracle Process Manufacturing Inventory information (part number, number of units, and cost)into Oracle Projects Accounting? I have looked for an API, but wasn't able to find one. Unfortunately AMG doesn't contain an inventory API. Any help would be very appreciated.
Thanks

I haven't worked on PPAC but I assume its only a cost method to build the cost. Once costs are build GL entry happens in the same way.
You said that you first freeze the cost and then run subledger update report.
Once you freeze the cost, what cost do you see for product x?
Once you produce 20 TONS output; subledger update should generate entry as follows:
Cr WIP: cost*20
Dr INV: cost*20
Now you mentioned about title ALC (GL Allocation). I haven't seen that title.
Also at the period end we need to run revaluation of inventory for STND method, I am not sure if the same is required for PPAC. Try performing that in test instance to see accounting entries generated.
I am sorry if I confused you or didn't understand your question. I have used mostly worked with STND method and just trying to extend my experience with PPAC.

Similar Messages

  • Variance between GL inventory account balance and OPM inventory value

    Hi everyone,
    I am using OPM actual costing method (PPAC), I have set profile option GMF: Book Allocations using current period basis to YES.
    Assume that we have a product x with openning balance Quantity = 20 TONs and Vale = 100$ (Unit cost = 5$).
    Assume that the production quantity in that period was 50 Tons and GL expense was 200 $ (material cost = 0), OPM will generate the following journal as GL Allocation subevent:
    Cr. ALC 200
    Dr. INV 200
    Assume that the usage quantity in that period was 30 TONs at 7$ as average unit cost.
    Cr. INV 210
    Dr. WIP 210
    Which means the closing balance in GL will be 100$ + 200$ - 210$ = 90$.
    But in OPM the inventroy value will be 40 TONs(Closing invntory QTY) * 7$(Average unit cost) = 280$.
    I have faced this problem in all products, Can anybody explain to me how can I resolve this varainces.
    Thanks

    I haven't worked on PPAC but I assume its only a cost method to build the cost. Once costs are build GL entry happens in the same way.
    You said that you first freeze the cost and then run subledger update report.
    Once you freeze the cost, what cost do you see for product x?
    Once you produce 20 TONS output; subledger update should generate entry as follows:
    Cr WIP: cost*20
    Dr INV: cost*20
    Now you mentioned about title ALC (GL Allocation). I haven't seen that title.
    Also at the period end we need to run revaluation of inventory for STND method, I am not sure if the same is required for PPAC. Try performing that in test instance to see accounting entries generated.
    I am sorry if I confused you or didn't understand your question. I have used mostly worked with STND method and just trying to extend my experience with PPAC.

  • OPM inventory and Projects

    Is there a way to send inventory data to Oracle Projects? I only need to send the part number, quantitiy, and cost to projets. If anyone can help it will be very appreciated.
    Thanks
    Aaron

    Normally there is a sequence of period and application close. After performing period close you are suppose to run the reports to validate and reconcile data. Now if you have closed say inventory period and performing inventory valuation, you won't able to reconcile to GL balance. Closing period helps to keep integrity and find out issues if any.
    In ideal conditions it may not matter if two are not in synch, but real word issues (both technical and business) make it very difficult to maintain. Benefits of keeping in synch normally way more than not keeping in synch.

  • OPM Inventory and Cost Calendars not in synch with GL Calendar

    What are the risks to the OPM subledger and GL of not having calenders in OPM the same open/close dates as GL?

    Normally there is a sequence of period and application close. After performing period close you are suppose to run the reports to validate and reconcile data. Now if you have closed say inventory period and performing inventory valuation, you won't able to reconcile to GL balance. Closing period helps to keep integrity and find out issues if any.
    In ideal conditions it may not matter if two are not in synch, but real word issues (both technical and business) make it very difficult to maintain. Benefits of keeping in synch normally way more than not keeping in synch.

  • Link between Project and Inventory?

    Could you please guide me how can i get link from inventory to project?

    Hi,
    If you want to expense inventory to a project, you can create a transaction type with project enabled.
    If you want to capture inventory cost for a project with inventory tracked, then license Project manufacturing, setups the PJM parameteres. Activate the locator control. With all these done, you can transfer inventory to projects.
    Make sure you run the project cost collection report and do the import of transactions by running PRC: Transaction import from projects with source inventory.
    Regards
    Leo

  • OPM Inventory Roll Forward Report

    Hello All:
    My Plant controller is asking for an Inventory Roll Forward report in OPM 11.5.10
    At the high level, this is what he is asking for :
    For the quarters under examination, obtain and test or perform an overall "rollforward" of inventory units (i.e., beginning inventory plus production plus returns less sales and plus or minus inventory adjustments equals ending
    inventory).
    I am planning to build a custom report using information based in ic_tran_pnd and ic_tran_cmp tables.
    I wanted to know, Is there a "standard" Report in OPM that is available to give this information or anything close enough that I can use a starting point to build the above Report?
    Thanks in advance.
    Sandeep
    Edited by: user8611828 on Dec 29, 2010 6:44 PM

    Hi Sandeep,
    *"Daily Transaction Detail Report"* in OPM inventory responsibility can be the basis on which you can build on the "running stock balance report". Of course, inclusion of ic_perd_bal would make sense for the opening balance.
    Rather, you can even build "Projected Stock Balance report", in case you have procurement plans (PR/PO) –-- inflow and projected requirements --- outflow, is in place.
    Hope this helps.
    - Sanjeev

  • Error while creating batches:Invalid organization in OPM inventory calendar

    Hi,
    While creating new batches for an intermediate some items, the user is getting the Error: "The Organization was found to be invalid while trying to validate the OPM Inventory Calendar". Everything is fine with the setup of OPM item, calendar, formula,recipe. This item is a non-dual and hence no item UOM conversion is required.Plant-Warehouse relationship is set at item level.If anyone has encountered this error,please throw some light on it.Thanks

    Hi
    I think you have might have missed the MAC set up in OPM financials.....pl make a set up and check.
    Thanks
    Raj

  • How to transfer project cost of inventory to project

    Hi, there
    I created a Purchase Order with destination of inventory and associated with project and task. After approved, I received goods of the PO to a project loactor.
    I don't know what to do next so that I can see cost of the receipt updated to the PSI.
    My step:
    1. run the cost processor
    2. run the PRC: Transaction Import (Parameter:inventory)
    3. run the Update Project Summary Amounts
    But it doesn't work. It only works when I do the Miscellaneous issue to a project.
    Edited by: 909822 on 2012-2-16 下午5:20

    Hi
    There is not special method.
    You willl need to zero the amount / quantity on the original budget line and enter the required amount / quantity on the new GL period or new task or new project.
    Dina

  • How OPA and OPM works

    Hello Guys,
    It's me again! :) I already deployed and installed OPA and OPM and was able to access the sample rulebases. I just have some questions / clarifications on how OPA and OPM works.
    1. When you build and run project via OPM, the web-determinations page only opens locally. It will not be directly loaded / deployed to the web server unless the compiled project (rulebase) is copied to the *.war file. I think OPM is really for developers’ use only. Once the project is tested, developer will request to deploy it to the web server. Please confirm if my understanding is correct.
    2. Is there a technical architecture diagram that will show how the OPA components work? Or how are they connected with each other? When I access the sample rulebase, the only URL I see is the web-determinations. Not sure what's the purpose of the other components or if they work independently.
    3. Should the contents of web-determinations and determination-servers directories the same? For instance, if we deploy a new rulebase/plugin to web-determinations, should we also copy those files to determination-servers?
    4. For the interview portlet, will it work with 'Oracle WebCenter Portal 11g Patch Set 5 (11.1.1.6.0)'? In the OPA install guide, it is stated that the 'Consume the Interview Portlet on WebCenter can be done on any instance of WebCenter and will require you to have a working portal application', what does the portal application mean? If we'll integrate OPA with PeopleSoft, do we need to install PeopleSoft Portal application? For now, we only planned to use OPA with PeopleSoft HRMS, Financials and CRM applications. Please confirm if we need to install PS Portal application as well.
    This is all I have for now... Thanks in advance for your assistance. :)
    Regards,
    Ann M.

    1. Generally, OPM is for business users not developers. (i.e. Policy or Business Analysts who communicate with and understand business terminology and express business policies using that terminology). Developers play a role in integrating the policy model to another systems data model - but that should primarily be a data mapping exercise and design and implementation of integration when necessary.
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    3. You only need both is you plan on using both (i.e. Oracle Web Determinations is for running interviews to collect data to be used in making a determination, Oracle Determinations Server is for SOA - i.e. SOAP endpoint which publishes WSDLs that define the request/response formats for integration via web services with other apps.
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  • Movement types and physical inventory posting

    HI Expert,
    All inventory differences are currently booked using SAP-movement types (MVT) 291 and 292.
      Inventory differences have to be booked via the correct movement types in order to increase transparency to better analyze real consumption vs. lost inventories
      For inventory differences during a physical inventory use MVT 701/702 and for inventory differences other than after a physical inventory use MVT 711/712. Currently these movement types are blocked for use in our company. So it needs to be implemented soon.So
      1.I want to know if this action can be implemented.
      2.Could you tell me what's the difference between the MVT291/292 and 701/702/711/712.
    Thanks

    .Could you tell me what's the difference between the MVT291/292 and 701/702/711/712.
    291 na s292  are the movements type when in u can issues material to any of the account assignment manually like cost center , project wbs, network, sales order etc.
    701/702 and the correct physical inventory movement type this are trigred only when u do proper physical inventor process in SAP for storage location which is not managed with warehouse management
    711/712 and the correct physical inventory movement type this are trigred only when u do proper physical inventor process in SAP for storage location are managed by warehouse management.
    U will have to remove the bloked movement type 701/702 to use Physical inventory process
    hope this helps

  • Inventory and non Inventory

    Difference between inventory purchase and non Inventory purchase and where are you posting

    Dear
    Inventory PO
    The purchase made for inventory i.e., to keep it in stock.
    These are account assignement in the PO is blank or "Q" if valuated for project or "E" for slaes order.
    Non-Inventory PO
    The purchase made for consumption i.e., on making Goods receipt for this PO the material will get consumed for cost center or order.
    The account assignment in PO will be "K" or "F".
    Regards
    Soundar

  • Script to Update Item GL Class Assignments in OPM Inventory?

    We use OPM Inventory in our 11i.5.10CU2 process manufacturing environment. GL Class codes are assigned as categories to items in our OPM item master. We have a need to update the GL Class assignment to a new value for roughly 200,000 items. I've been researching API's to help with this, but unfortunately there are none available for OPM.
    I logged a SR, and OPM development confirmed that there is no API to update OPM items, only to create brand new items. (When using the Create API you set the desired GL Class, but without an Update API there is no sanctioned way to then change it.)
    I traced what happens when one saves a new GL Class category in the forms, and I can see it updating/inserting:
    * ic_item_mst_b
    * gmi_item_categories
    * mtl_item_categories
    Plus, some star schema tables (ENI?), but we don't use any BI products.
    Does anyone have any scripts or experience with updating OPM item category assignments?
    (Does this post belong in another forum? Not sure where it would be seen by the right audience.)
    Thanks, Wolf Moritz

    There are so many things that, in your environment, you might want to check to verify a server build that it is highly unlikely that anyone else does, or would want to do, the same tests.
    You will probably have better luck asking separate questions about how to do some of the specific checks you want to run, and, possibly, how to use colour-coding to highlight in HTML.
    I'll start you off by pointing out that what you make look complex can be done in a much simpler manner. For example, how you get the username from the username environment variable:
    PS C:\Users\Al> $UserName = (Get-Item env:\username).Value
    PS C:\Users\Al> $username | gm | select typename -first 1
    TypeName
    System.String
    PS C:\Users\Al>
    It is good that you are concerned with the type of value assigned, but there is a simpler way that works for all environment variables (all of which are strings):
    PS C:\Users\Al> $UserName = $env:username
    PS C:\Users\Al> $username | gm | select typename -first 1
    TypeName
    System.String
    PS C:\Users\Al>
    This also returns a string, but, in the process, the code is simpler and a bit more intuitive, at least in my opinion.
    Al Dunbar -- remember to 'mark or propose as answer' or 'vote as helpful' as appropriate.

  • OPM Inventory Responsibility Problem

    Hello everybody !! I´m new in the forum.
    Here is my problem i´m working on a company rollup, with the next situation
    Company A: already working with OPM for a couple of years ago.
    Company B: setting up to go online in a few month
    I have to create a new master item organization, new process organization, new cia, etc.
    I´ve done this, with the guide of the white paper about OPM System Setup. (New SOB, New ORG, New CIA, New OU, Fiscal Policy, Item Master, New Warehouse, New User Organization assigment) Everything fine.
    The problem is that when i created a new responsability for Company B Opm Inventory, i configure the GMI Default Organization: Company B, MO Operating Unit: Company B, BUT: i´m stil seeing the Master Item Organization of the Company A.
    I have to setup another system profile ? I tried adding the Master Item Organization for the Company B in the Organization Item in the Opm Inventory responsability, but it was also added to the Company A.
    So when i add a new item from CIA B OPM Inventory it is created in both organizations.
    Something is missing, but i couldn´t find out.
    Thanks in advance,
    Gustavo

    Hi,
    Please Check the User Organizations...
    System Adminisrtation > User Organizations
    Please check then and reply which organizations u have selected there.
    Regards
    Srinivas

  • How to identify Inventory and non inventory items

    Dear all,
    what are the ways to differentiate inventoried and non inventoried items.
    please advise. thanks.
    Thanks and regards
    Udaya

    he means the purchase order item category which can be seen in transaction ME23N.
    You never made clear if you want differentiate in SAP or the physical stock in the warehouse.
    As already explained by another one, in SAP you can procure one material number either to stock or to be expensed immediatly while receiving.
    However, physically you dont see any difference, you have to take organizational measures to not store expensed material together with material procured to stock.
    Even further, you should try to receive items which are not procured to be stored, at a different physical receiving place.
    In MIGO transaction at item detail in tab WHERE you will see a storage location if the material is to be stored in your warehouse, but you will not see a location if the material is procured directly to a project or cost center. then you see a receipient instead .

  • OPM Inventory Control

    Using the Inventory Control resposibility on OPM, and doing a
    Move Immediate or Move Journal.
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    Go to Inventory Control > Quantities > Move Journal
    IF we try to do the transactions above for an ITEM with no
    quantities on inventory we got the error message.
    APP-GMI-83185 Unable to retrieve quantities from inventory.
    Doing and Ajust Immediate for the same situacion an ITEM with no
    quantities on inventory we got the error message.
    APP-GMI-83222 No quantities exist in inventory.
    This error make a lot more sence to the user when they are
    trying to do this kind of transactions.
    Question : Is there any way we can make the other two
    transactions (Move Journal and Move immeidiate) gave to the
    users the same error message as the Adjust Immediate. All this
    because the error is showing know to them is very confusing as
    they think something is wrong with the item, or within the
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    951995 wrote:
    Hi,
    When I am Trying to Open the Inventory Transfer (OPM Inventory->OPM Inventory Control ->Transfers -> Inventory Transfer) form, It is throwing an error as "APP-GMA-80300: Document Number Assignment record not set up".
    Please help me anyone what are set ups need to be do. I don't anything about OPM Module.
    Thanks in Adavance...
    Bug 2872015 : APP-GMA-80300: DOCUMENT NUMBER ASSIGNMENT RECORD NOT SET UP
    Bug 3648627 : PRODUCTION BATCH SCHEDULE INQUIRIES ERROR BY BATCH NO
    About Process Execution in Oracle Process Manufacturing Family Pack L [ID 264929.1]
    If none of the bugs/docs referenced above help, please log a SR.
    Thanks,
    Hussein

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