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WIP - Scrap Accounting

Discussion in 'Oracle SCM & Manufacturing' started by murliram, Nov 15, 2013.

  1. murliram

    murliram Active Member

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    Hi ,

    when we are move assemblies/Componnets into Scrap Intraoperation and that particualr subassembly/compaonent we consider as scrap and wont be used again. Once the part is scrapped, we will be taking into a scrap subinventory and do a Miscellaneous Receipt rather than a WIP complete transaction . Once the Inventory is available, we will be doing a sale order and then shipping it into the customer.

    Once move into the Scrap,the accounting is wrongly hit, it should get issued out of WIP(1490) and get into Scrap(1540) rather than it is getting issued out from Raw Material(1320).

    The other issue with the scrap is the cost of the item, we need to do the accounting at NRV(Net realizable value)and the difference should also be accounted. The difference is no where getting accounted.