R12 Receipt Accrual Write-offs Best Process Question
Last updated on JANUARY 05, 2018
Applies to:Oracle Project Costing - Version 12.1.3 and later
Information in this document applies to any platform.
The Projects Costing user guide states "When you write off a receipt accrual in Oracle Purchasing, you must manually adjust the cost in Oracle Projects. Because the receipt accrual write-off is recorded as a manual journal entry, Oracle Purchasing does not interface write-off adjustments to Oracle Projects." However, now purchasing DOES automatically send an entry to the GL. That means if we adjust the expenditure in projects we will be double-accounting to the write-off. What is the best practice for handling project-related receipt accrual write-offs?
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