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Oracle Inventory average costing 2021-09-07

it's all about costing

  1. Didit
    This paper will guides users on how average costing works in the Oracle R12 EBS suite. Average costing calculates a moving average item cost, which approximates the direct one-for-one cost of items. Average Costing performs the average calculation of the onhand quantities, based upon the incoming cost of purchase order receipts, inter-org receipts, WIP completions, and depending on your setup, for miscellaneous account and account alias receipts. All transactions then use average cost of the item for the respective accounting transactions.