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Deferred Revenue Calculated Amount Is Wrong (Doc ID 2526963.1)

Last updated on SEPTEMBER 25, 2019

Applies to:

Oracle Financial Services Revenue Management and Billing - Version and later
Information in this document applies to any platform.


On : version, BI - Billing

Deferred Revenue Calculated Amount is incorrect.

When calculating deferred revenue amounts on a monthly automatic schedule, the program is not calculating the amounts correctly. If the charge is quarterly, it is calculating two months of half the amount. It should be three months of a third of the amount. If the charge is annual, it is dividing the total amount by 11, rather than 12.


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