Transactions Workbench Issue: Daily Revenue Recognitions Not Distributing Revenue According to Accounting Rules (Doc ID 1668795.1)

Last updated on MARCH 27, 2017

Applies to:

Oracle Receivables - Version 12 and later
Information in this document applies to any platform.

Symptoms

When a Credit Memo is created for an Invoice (with a Daily Rev Rec Rule), the Rule Start Date is pushed to the last day of the revenue period (with duration of 1), which makes all the credit recognized on the last day of the period.

This happens even if the Source application (Contracts) passes the rule start date differently.

Steps to Reproduce:
1.  Create a contract and pass it to AR for invoicing with following attributes,
     Accounting Rule - Daily Rev Rec Rule
     Duration - 13 months
     Rule Start Date - 2/19/2014
     Rule End Date - 2/18/2015

2.  Run Autoinvoice to Create the invoice and run rev recognition

3.  Terminate the contract and pass the credit memo to AR with the following attributes:
     Accounting Rule - Daily Rev Rec Rule
     Rule Start Date - 2/19/2014
     Rule End Date - 2/18/2015

4.  Run autoinvoice to create the credit memo in AR. The credit memo is created with following info:
     Accounting Rule - Daily Rev Rec Rule
     Rule Start Date - 2/18/2015
     Rule End Date - 2/18/2015
     Duration -1
     The credit is not recognized till the last day.

Cause

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms