Can Taxes Be Generated To Be Included For Journal Entry While Manually Creating Revenue Event In Project Billing?
Last updated on MARCH 08, 2017
Applies to:Oracle Project Billing - Version 12.1.3 and later
Information in this document applies to any platform.
Tax information can obtained while manually creating billing event.
Billing event will create draft invoice and interface to AR, where AR transaction is created and tax information will created on the AR transaction.
But at the situation of revenue recognition first, the problem occurs. If revenue recognized first, the event will interfaced into GL directly, tax information would not be generated.
Can tax generation be done when directly creating revenue event prior to interfacing into GL?
Is this possible?
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