R12: How To Generate Two Revenue Lines; One for Cost Incurred and Another for Markup?
(Doc ID 2398207.1)
Last updated on AUGUST 11, 2020
Applies to:
Oracle Project Costing - Version 12.1.3 and laterInformation in this document applies to any platform.
Goal
How to obtain the following accounting lines for a revenue transaction (one line which includes cost incurred and markup value):
Unearned Revenue Account 150 (Cost 100 + profit 50)
To Revenue Account 100 (as the total cost)
To Revenue Account 50 (Income)
Solution
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In this Document
Goal |
Solution |
References |