Redwood: Create and Edit Cost Organizations Using a New User Experience

Cost organizations are used to establish cost accounting policies, data defaults, and user security policies for Oracle Cost Management. A cost organization can be spread across several physical locations or inventory organizations. You can now create, update, and search for cost organizations using Redwood pages.

The Cost Organizations page displays all the cost organizations sorted by the last updated date in the descending order, by default. You can search for the cost organizations and filter the results based on your requirements. The available filters are:

  • Cost Organization Code
  • Legal Entity Name
  • Status

You can modify the names of existing cost organizations by clicking the edit button. You can easy navigate across pages related to cost organizations, such as Cost Books and Cost Organization Relationships, which provides a holistic view of the cost organization setup flow.
Figure 1: Cost Organization Setup Page

Cost Organization Setup Page

Create New Cost Organization

Click the Add (+) icon to create a new cost organization. You can also create multiple cost organizations quickly without having to close the window. Click Create and Next after entering the details of a cost organization to quickly move on to defining subsequent cost organizations.

Figure 2: Create New Cost Organization

Create New Cost Organization

Select an Existing Organization

When creating a cost organization, you can choose to select an existing organization and associate it with a legal entity.

Figure 3: Select Existing Organization

Select Existing Organization

Some of the benefits of this feature include:

  • Quickly create new cost organizations, expediting your cost organization definition process.
  • Find and edit your cost organizations by using keyword search or relevant filters.

Steps to Enable

You don't need to do anything to enable this feature.

Tips And Considerations

  • In the Setup and Maintenance work area, the Redwood version of the Cost Organizations page is enabled by default in this update, but the existing version of the Manage Cost Organizations page is still available in the Manufacturing and Supply Chain Materials Management offering. You should move to the Redwood version of the page at your earliest convenience, because the existing version of the page will be removed from the application in a future update.
  • You can provide guidance such as tutorials, company policies, and best practices in the context of cost organizations using guided journey tasks. 
  • You can either create a new cost organization or designate an existing inventory organization as a cost organization. 
  • The start date of a cost organization determines the date from which transactions will be processed. It’s important to note that the start date of the inventory organization’s relationship with the cost organization will be the same as or later than this date.

Key Resources

  • Oracle Fusion Cloud SCM: Implementing Manufacturing and Supply Chain Materials Management Guide, available on the Oracle Help Center.
  • Oracle Fusion Cloud SCM: Using Cost Management Guide, available on the Oracle Help Center.

Access Requirements

Users who are assigned a configured job role that contains the following privilege can access this feature:

  • Manage Cost Organization (CST_MANAGE_COST_ORGANIZATION)
  • Manage Cost Organization by Web Service (CST_MANAGE_COST_ORGANIZATION_WEB_SERVICE)