Different Revenue Accounting For Interproject Billing Scenario
(Doc ID 2255301.1)
Last updated on APRIL 26, 2021
Applies to:Oracle Fusion Project Billing Cloud Service - Version 188.8.131.52.0 and later
Information in this document applies to any platform.
Implementing project inter-project billing scenario. Have created a contract between provider and receiver with a Bill Plan which has Burden schedule to apply some margin percentage when the AR invoice gets created in the provider. The requirement is to derive different accounts for the revenue for the normal cost and the margin cost.
Example: Provider is A and Receiver is B. A burden schedule is attached with a markup percentage of 3%. Now, when a AR invoice gets generated in A for a cost of 100, it applies 3% margin and the invoice will be for the amount 103. Now, the requirement is that, 100 goes to one revenue account (say xxxxx) and 3 goes to another revenue account (say yyyyy). We are deriving the revenue account based on the inventory item. Is there a way to achieve the above requirement?
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