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Oracle Cloud SCM - Get Ready for Improved Acquisition Cost Adjustment Processing in Cost Management

ORACLE CLOUD SCM

SCM – Get Ready for Improved Acquisition Cost Adjustment Processing in Cost Management

Description:

This session will covers key concepts and recent enhancements to the acquisition cost adjustment logic in SCM Cost Management.

The redesigned acquisition cost processor, a sub-processor that handles all purchase related transactions, includes substantial benefits over the existing logic like:

  • Full absorption of invoice variances for all scenarios including partial receipts
  • Reconciliation improvements for receiving inspection account
  • Better handling for foreign currency purchases

This feature was released in 23A and becomes standard from 23D and hence customers are requested to review feature details and make themselves familiar with the changes.

Presented by:

  • Rajat Dhingra, Director, Product Management, Oracle Cloud SCM
  • Krishna Ghantasala, Director, Product Management, Oracle Cloud SCM
  • Srinath Reddy Kayitha, Applications Architect, Oracle Cloud SCM

PLEASE NOTE: In order to attend this event, you must be an Oracle Cloud Customer Connect community member. If you are not a member, register here to join.