Existing layer cost was not found, actual cost (incoming)

“Use item cost” on a receipt, but no cost has ever existed in that valuation unit, no layer to copy from.

1. First ask: is a properly costed receipt (like a PO receipt) coming for this item anyway? If yes, do nothing. When it costs, the stuck transactions cost automatically behind it
2. If nothing is coming: create a miscellaneous receipt, quantity 1, WITH a cost typed in, in the SAME inventory org / subinventory / valuation unit as the stuck transaction
3. Run the cost processor, it adopts that cost as the item's actual cost
4. Create a miscellaneous issue for the same qty 1 to put onhand back where it was

• Inventory Management → Create Miscellaneous Transaction (enter the cost on the receipt line)
• Cost Accounting work area, Create Cost Accounting Distributions (the cost processor)
• Cost Accounting work area, Review Cost Accounting Distributions (Transaction Errors tab)

My Oracle Support document IDs for readers with access: 2242665.1. We do not reproduce their content.

• The standard cost for this transaction does not exist
• Receiving transaction information is missing
• The costing period is not open
• The transaction period is closed for General Ledger
• See all cost processor errors and fixes