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OBYC error at the time of cost run released

Former Member
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Hi,

For a material we have standard cost for previous period. For this month as we are going to release the standard cost we are getting the error.

Account determination for entry VCA UMB not possible

What i know here we mainatin revaluation account.

I just want to confirm whether system needs revaluation account in UMB or it is fine with price difference account in PRD.

Thanks

Anagha

Accepted Solutions (0)

Answers (2)

Answers (2)

ajaycwa1981
Active Contributor
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Hi Anagha

When you revise Std cost, it may lead to inventory being revaluated.. Hence, the system is looking for account in UMB

Its your choice whether you maintain the PRD account in UMB or a separate one.. It must be a P&L account.. Ideally, it must be a different GL than PRD

Br, Ajay M

rajneesh_saxena
Active Contributor
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Dear Anagha

UMB is for revaluation of course. You may be using Price difference account for this purpose. It makes no difference. Please check in OBYC whether for required valuation class and  Account is mapped and if you are using grouping code than the code is correctly used.

Regards

RS