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 JULY 05, 2016

Applies to:

Oracle Receivables - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

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

Expected Behavior:
Jan-13 31/365 * 1200 = 101.91
Feb-13 28/365 * 1200 = 92.05
...
Dec-13 31/365 * 1200 = 101.91

Cause

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