R12 Inventory |
How to Update Item Cost Update
this Article explains the steps, how to update the cost of an item in Oracle EBS inventory
we categorized it into three parts
-
Verifying the existing item cost
-
Change/Update in Unit cost
-
Verify the Updated Unit Cost
Step 1: Verifying the Existing Item Cost
Navigate to
Inventory
Responsibility Ã
Costs Ã
Item Costs
Responsibility Ã
Costs Ã
Item Costs
provide item name and click find
Existing Unit Cost is 131,22499
Step 2: Change/Update Unit Cost into 140
Change Unit Cost of item form 131 to 140
Navigation to
Inventory Responsibility à Costs à Average Cost Update
fill following fields
Type
Adjustment Account
Item
New Average Cost 140 or can fill % Change
Step 3: Verifying the Updated Item Cost
Navigate to
Inventory Responsibility à Costs à Item Costs
Find Item
Click Find
here you can see Unit Cost reflected as 140
