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E1: 51: Profit Recognition Build R51800 FAQ (Doc ID 1401275.1)

Last updated on JULY 17, 2023

Applies to:

JD Edwards EnterpriseOne Project Costing - Version XE and later
Information in this document applies to any platform.

Purpose

This document will help Accounting Staff and Information Technology Staff answer some of the common questions on the Profit Recognition program.

Questions and Answers

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In this Document
Purpose
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 the R51800 was processed using the wrong Processing Options or erroneous dates or just didn't process correctly and looks completely not correct?
 Question 15.  Why is the system pulling in a larger amount than what is in the F0902 file for the HA ledger?
 Question 16.  The code is current for the following programs and business functions and the CEPY/REPY are still not updating correctly from the prior record.  What else could be causing this?
 Question 17.  Should the R51800 by run by Subledger?  Does the HA ledger get updated by subledger?
 Question 18.  Why does the system update the HA ledger in period 1 (GLAN01/F0902) when the JA ledger GLBORG field (Original Buget) is updated.?
 Question 19.  What gets updated when a Budget Revision gets updated (GLAN01-GLAN12) for the JA ledger as it relates to the HA ledger??
 Question 20.  What is the recommended method of reopening jobs?
 Question 21.  Why doesn't the sub-ledger get updated for an account when either the HA ledger for an account that uses the sub-ledger for either an update to the JA GLBORG or JA GLAN01-GLAN12??
 Question 22.  Why do we have to use Data Selection on the R51800 to select the Job or Project instead of just running it by Company as entered in the Processing Options?
 Question 23.  Why is the system including the Project's Misc. Ledgers' F0902 amounts in the amounts recorded to the Job for the AA ledger when updating the F5144 and F5145 files?
 Question 24.  Job Cost is not working correctly since changing the object accounts to new accounts.  Why isn't it working?
References

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