How To Use A Different Account For Revenue/Receivable Lines For Different OKL Streams? (Doc ID 1219953.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Lease and Finance Management - Version 12.1.2 to 12.1.3 [Release 12.1]
Information in this document applies to any platform.
Checked for relevance 26-Apr-2015

Goal

Qn1:

When Lease billing is run only one consolidated invoice is being generated for all the streams in the contract for the billing date.
As a result of this:
1) There is only one Receivable line for the sum of all streams
2) There is one Revenue line for each stream

This is causing issue with SLA accounting as it is not possible to have different receivable accounts for each stream.

If there are multiple lines in AR invoice how can the accounting be split for the receivable based on each line using SLA?

For example: In distributions there is:
Receivable: Dr EUR 100 (consolidated)
Revenue 1: Cr EUR 50 (Rent)
Revenue 2: Cr EUR 10 (Documentation Fee)
Revenue 2: Cr EUR 40 (Service and Maintenance)

As per accounting requirements the SLA has to debit a different account for each of the revenue line.


Qn2:
Can you have one invoice with more than one receivable line?


Solution

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