Transactions Workbench Issue: Daily Revenue Recognitions Not Distributing Revenue According to Accounting Rules
(Doc ID 1668795.1)
Last updated on FEBRUARY 03, 2019
Oracle Receivables - Version 12 and later Information in this document applies to any platform.
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.
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