Update Unit Item Cost

R12 Inventory | 

How to Update Item Cost Update

this Article explains the steps, how to update the cost of an item in Oracle EBS inventory

we categorized it into three parts

1. Verifying the existing item cost
2. Change/Update in Unit cost
3. Verify the Updated Unit Cost

Step 1: Verifying the Existing Item Cost

Navigate to 

Inventory Responsibility à Costs à Item Costs

provide item name and click find

Existing Unit Cost is 131,22499

Step 2: Change/Update Unit Cost into 140

Change Unit Cost of item form 131 to 140

Navigation to

Inventory Responsibility à Costs à Average Cost Update

fill following fields 

Type

Adjustment Account

Item

New Average Cost 140 or can fill % Change

Step 3: Verifying the Updated Item Cost

Navigate to 

Inventory Responsibility à Costs à Item Costs

Find Item

Click Find

here you can see Unit Cost reflected as 140