E1: 51: JD Edwards EnterpriseOne Revenue Recognition Enhancement for Job Cost (FASB)
(Doc ID 2304382.1)
Last updated on AUGUST 19, 2021
As of JD Edwards EnterpriseOne Release 9.1, Oracle delivers software updates to address new joint standards for recognition of revenue issued by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB).
The new Revenue Recognition enhancement is available as of JD Edwards EnterpriseOne release 9.1 and delivered via ESUs.
This document provides details on the Revenue Recognition Enhancement for Job Cost (FASB) including information on setup, updating percent complete, profit recognition at the RPO level and obsolete profit recognition records.
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