How Is The Burden Rate Recalculated For a Return Receipt
Last updated on JULY 25, 2017
Applies to:Oracle Project Costing - Version 12.1.3 and later
Information in this document applies to any platform.
Does return receipt use the original transactions date as the date of which to look for the Burden Rate, when distributing the costs?
A Returned Receipt (P2P) has interfaced to Project Cost Accounting.
The Burden Rate, at Expenditure level, shows 0.55. However, when the costs have been distributed (Total Burdened Cost lines) they are at a rate of 0.50.
Applicable (key) dates are:
6th January 2017 - Original receipt created (Burden Rate on Schedule in Projects, at this time was 0.50) and interfaced to Projects
4th June 2017 - Revision of Burden Schedule, to 0.55, is compiled with an effective date of 30-May-17
5th June 2017 - Returned receipt and interfaced to Projects
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