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PJB: Revenue Not Generated For Reversed Credit Memo Transactions (Doc ID 2116560.1)

Last updated on NOVEMBER 12, 2022

Applies to:

Oracle Fusion Project Billing Cloud Service - Version 11.1.10.0.0 and later
Information in this document applies to any platform.
as 9/1/15 - 12/31/15

Goal

On : 11.1.10.0.0 version, Manage Project Contracts-Manage Project Contract Revenue

Revenue is not generated for Reversed Credit Memo from Payables. User created credit memo transferred to Projects and then created Receivables Credit Memo. Business reversed Payable Credit Memo and transferred to Projects and then applied to Original credit memo. Ran revenue recognition and accounting process. No revenue entries generated.
 
We use revenue method As Billed, why process is looking for expenditure item date?
 

Solution

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In this Document
Goal
Solution
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