Invoice with In Advance rule having wrong accounting date entries
(Doc ID 2928344.1)
Last updated on MARCH 24, 2023
Applies to:
Oracle Fusion Subledger Accounting Cloud Service - Version 11.13.22.07.0 and laterOracle Fusion Receivables Cloud Service - Version 11.13.22.07.0 and later
Information in this document applies to any platform.
Symptoms
In this case user has created one Receivables Invoice with In Advance Invoicing Rule, the accounting entry for Event Invoice Created is created as per accounting date provided.
However , the event Invoice Update, which is Unearned Rev to Rev, had the accounting date coming as Aug 2024.
EXPECTED BEHAVIOR
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The Unearned Revenue and Revenue to have entries for the entire invoicing rule period
STEPS
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The issue can be reproduced at will with the following steps:
1. created one Receivables Invoice with In Advance Invoicing Rule
2. Start Date 01-Dec-2022 and End Date 30-Nov-2023
3. run Recognize revenue
4. check the invoice distribution and notice that all lines for Invoice update have the accounting date as 1st of August 2024
BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users cannot recognize revenue properly
Changes
Cause
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In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |
| References |