What is Dcogs in Oracle R12.What is the accouting entries impact while Order shipping to invoicing?
Thanks
Ankur.
Hello All,
i have a knowledge of Oracle 11.5.10.2 for SCM but no idea about R12 so please anyone have R12 PPT slide for SCM please send me on urgent basis.
Thanks
Ankur
In 11i when we ship the material the a/c entries created are
COGS Dr.
Inv Valuation Cr.
In R12 when we ship the material the a/c entries created are
Deferred COGS Dr.
Inv Valuation Cr.
It’s a inbuilt functionality and you don’t have to do anything except setting the Deferred COGS A/C in organization parameter.
When revenue is recognized system automatically debits the COGS against the Deferred COGS i.e
COGS Dr.
Deferred COGS Cr.