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Revenue Reporting As Per The Actual Usage In IFRS 15. (Doc ID 2979998.1)

Last updated on OCTOBER 16, 2023

Applies to:

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


The requirement is to provide GL reports that is International Financial Reporting Standard (IFRS) 15 complaint.

For Bulk Data, the Revenue should be recognized based on the usage of the data sold to customer to meet IFRS15 standard.

Customer X bought 1000GB and has been billed with the total amount.  By end of the month, the customer used only 50GB, it should recognize only the revenue of the 50 GB and the remaining to be deferred to the following period.

The issue here is that if we override the default values configured in the chargeOffer, IFRS 15 revenue reporting will not be accurate.


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