Credit Memo Issue: Revenue Fully Recognized Only in the Last Period for the Credit Applied to Invoices with Rules
(Doc ID 1597406.1)
Last updated on MARCH 14, 2022
Oracle Receivables - Version 12.1.3 and later Information in this document applies to any platform.
On : 12.1.3 version, Transactions Related
All revenue is recognized in the last period for credit invoices with Rules.
For Example: When applying a Credit memo against a Daily revenue rate rule invoice, with a rule start date being 01-Jan-2013 and rule end date being 31-Dec-2013 (12 months), the invoice has the spread of distribution from Jan-2013 to 31-Dec-2013. However, the credit memo distribution has all 0 amounts until Nov-2013 and then 100% of the revenue is recognized in the last period, Dec-2013, which is wrong.
NOTE: This issue is reproducible only when profile option "AR: Use Invoice Accounting For Credit Memos" is set to No.
Steps to Reproduce: You have an credit for $1,200, with the daily revenue recognition rule start date 01-JAN-2013, end date 31-DEC-2013
Actual Behavior: Jan-13 0 Feb-13 0 ... Dec-13 1200