Need Assistance About The Process Of COGS Recognition For Service/SAAS Products In Oracle EBS
(Doc ID 2923632.1)
Last updated on FEBRUARY 01, 2023
Applies to:
Oracle Cost Management - Version 12.1.3 and laterInformation in this document applies to any platform.
Goal
How is COGS recognition processes for service/SAAS products in Oracle EBS?
For example, we sell hardware, license, support and professional services to our customers. Hardware items are costed and we stock in the inventory. License is sold as perpetual or by subscription method. For support we create service contracts based on the contract duration. Professional services are created as projects and billed from Oracle Projects to Oracle Receivables.
Can we setup the professional services items to be costed and accounting can be processed for COGS?
Solution
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In this Document
Goal |
Solution |