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The next OAUG Cost Management SIG Monthly Webinar is on October 17, 2017

Our next webinar session is on October 17, 2017, 9:00 AM Pacific Time, Noon Eastern Time, 5 PM GMT.  Come join us for:

Costing in Oracle Cloud, Key Features and Real Benefits extracted by Customers

We will review some of the key features of Cost Accounting Configurations and Processes in the Oracle Cloud ERP applications. Cloud Cost Management is highly configurable and granular in nature with the features such as Cost profiles, valuation units, cost books and separate cost organizations. Customers can use different policies and methods for costing and valuing their inventory. With landed cost included within costing, customers can capture true landed costs of their material procurement and determine precise actual costs at lot, serial and grade levels. We will show a simplified view of how Oracle Cloud Costing works.  

Registration information: https://attendee.gotowebinar.com/register/9100639430371280387

When:  Tuesday, October 17, 2017, 9 AM Pacific / Noon Eastern / 5 PM GMT

2017 Cost Management SIG Webinar Schedule:

January 24, 2017 – Postponed
February 21, 2017 – It's Finally Here!  Oracle Cloud In-Memory Cost Management Solutions!
March 21, 2017 – Postponed
April 18, 2017 – Solving the Mystery of Product Line Accounting Using SLA in OPM Green Field Implementation
May 16, 2017 – COGS Accounting Solutions for Trade and Intercompany Sales
June 20, 2017 – ASC 606 Revenue Recognition and Costing
July - August 2017 – Summer Break
September 19, 2017 – Use of E-Business Suite (EBS) Proactive Analyzers to Assist in Month End Close Procedures
October 17, 2017 – Costing in Oracle Cloud, Key Features and Real Benefits extracted by Customers
November 21, 2017 – Cloud Applications for Multi-Nationals, a realistic approach
December 2017 - Winter Break

Reconcile Your Inventory to G/L Balances With Ease

This article is from Collaborate14, courtesy of Douglas Volz, Douglas Volz Consulting, Inc.,www.volzconsulting.com.

Collaborate14 Synopsis:

This paper is an updated version from Collaborate11, offering new insights from recent work experiences. 

Learn about improvements in Release 12 Oracle Cost Management that help you reconcile your G/L to your perpetual inventory balances.  Identity additional R12 changes that may hinder this reconciliation as well as common problems and workarounds.  And for both Releases 11i and 12 learn how to use the month-end cost snapshot to systematically compare your G/L to perpetual inventory balances.  These techniques work for Standard, Average, LIFO and FIFO Costing.  These techniques also work for Release 11i as well.

To access the full presentation click here

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