E1: 51: Profit Recognition Build R51800 FAQ
(Doc ID 1401275.1)
Last updated on FEBRUARY 05, 2019
Applies to:JD Edwards EnterpriseOne Project Costing - Version XE and later
Information in this document applies to any platform.
Information Center: Overview of JD Edwards EnterpriseOne Job Cost & Change Mgmt > Information Center: Using JD Edwards EnterpriseOne Job Cost & Change Mgmt > Document 1401275.1
This document will help Accounting Staff and Information Technology Staff answer some of the common questions on the Profit Recognition program.
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In this Document
|Questions and Answers|
|Question 1. Is there a way to tell if the Create Journal Entries program (G5122/R51444), has been run?|
|Question 2. Why doesn't the Profit Recognition Build (G5122/R51800), include all accounts that are listed as revenue accounts?|
|Question 3. Why doesn't the Profit Recognition Build (G5122/R51800), include all accounts that are listed as cost accounts?|
|Question 4. Why are there no projected final amounts printed on the Executive Summary Report (R51443)?|
|Question 5. How to re-create projection amounts (HA ledger) for a job?|
|Question 6. What is the proper way to adjust amounts once Profit Recognition Build (G5122/R51800) has been run and journal entries have been created?|
|Question 7. How is the [Over/Under Billing] amount computed in Profit Recognition File Build (R51800)?|
|Question 8. How does Profit Recognition Build calculate [% Complete]?|
|Question 9. How to calculate the [Earned Current Period Amount]?|
|Question 10. Can jobs in different companies be rolled up and be combined under the same project?|
|Question 11. Is it possible for the R51800 to compute profit recognition on a specific account or range of accounts?|
|Question 12. How does the system handle jobs that are recorded to the income statement instead of the balance sheet?|
|Question 13. Is it possible to only move a portion of the amounts recorded to the AA ledger (cost and revenue) from the balance sheet to the income statement?|
|Question 14. What happens when we ran the R51800 with the wrong Processing Options and erroneous dates?|
|Question 15. Why is the system pulling in a larger amount than what is in the F0902 file for the HA ledger?|