Average Cost Valuation
Inventory continually maintains the value of inventory, updating it with each transaction. This means that you can report your inventory value quickly and accurately.
Unlimited Cost Types
You can define an unlimited number of cost types and use them with any inventory valuation and margin analysis reports. This allows you to compare simulation and budget cost types against your actual average costs. You can also periodically save your average costs into another cost type for year to year and other comparisons.
When you use Oracle Bills of Material with Inventory, you can specify the cost type in explosion reports and report these costs for simulation purposes.
See Also
Defining Cost Types
Defining Item Costs
