Cannot Change Status Of As-incurred Revenue Plan From 'Completed' To 'In Progress' (Doc ID 1909234.1)

Last updated on MARCH 09, 2017

Applies to:

PeopleSoft Enterprise FIN Contracts - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.

Goal

Qn1:What is the best approach to recognizing revenue for a contract line if the contract line status was incorrectly set to 'Complete'? The line has an as-incurred revenue plan and is linked to a project for which additional transactions have been added after the revenue plan was set to complete.
 
Qn2:Amending an as-incurred contract line doesn't do anything to the status of the revenue plan in my test. Under amendment I mean changing the dates, and or value of the contract line via amend contract line process.

Can you please share steps when amending the as incurred contract line with change the status of the revenue plan to action required?
 

Solution

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