PERCENT SPENT REVENUE METHOD NOT WORKING BASED ON EFFORTS
(Doc ID 2319836.1)
Last updated on MARCH 08, 2019
Applies to:Oracle Fusion Project Billing Cloud Service - Version 18.104.22.168.0 and later
Oracle Fusion Project Billing - Version 22.214.171.124.0 and later
Information in this document applies to any platform.
Why percent spent revenue method is not working based on efforts?
User has created a project & associated it to a contract.
Contract had "Percent Complete" Bill Plan and "Percent Spent" Revenue Plan.
The invoice & revenue recognition was purely based on EFFORT basis and not on COST basis.
User created expenditure item by entering quantity in hours & raw cost as ZERO.
He performed project summarization process.
In Project Progress tab, the the actual efforts got populated against the baselined planned efforts.
After publishing the progress, from contract page he performed 'Track Completion' & then generated Invoice.
Verified that the invoice got created successfully.
Now, he generated revenue & noticed that the revenue distribution lines were not generated.
The output report shows a message as "The event was not created because the ITD actual cost was zero."
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