How To Process Deferred Expenses In Fusion
Last updated on SEPTEMBER 08, 2015
Applies to:Oracle Fusion Payables - Version 1.0-Beta and later
Oracle Fusion Payables Cloud Service - Version N/A and later
Information in this document applies to any platform.
I have a 120k prepayment for subscription based services. The prepayment invoice and prepayment payment are processed in AP. On a monthly basis, I re class 10K from prepayment to expense in GL. Is there is some type of deferred expense functionality in Fusion.
Can you confirm 1) if the planned deferred expense functionality in Fusion will addresses this requirement , and 2) is there any other way than a manual re class to realize the 10K /monthly expense?
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