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Functionality To Hold RMCS Contract (Doc ID 2933421.1)

Last updated on APRIL 10, 2024

Applies to:

Oracle Fusion Revenue Management Cloud Service - Version 11.13.22.10.0 and later
Information in this document applies to any platform.

Goal

On : 11.13.22.10.0 version, Contracts

Functionality to hold RMCS contract.

Users have a requirement where the client wants to hold the revenue contract.
** The freeze date buffer is set to zero, which means that the RMCS contract creation date is the same as the freeze date.

For Ex:

RMCS Contract creation date: 1- Jan- 23
Freeze date: 1-Jan-23
TCV= EUR 1200
Planned Start date: 1-Jan-23
Plan End date:  31-Dec-23
total service Duration of contract= 1 year

Revenue recognized to the current period: EUR 100
RMCS Period closing: Jan-23 Period status= Closed

How can users put such RMCS contracts on HOLDd in Feb-23,?
 

Solution

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In this Document
Goal
Solution
References


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