How does Oracle determine the Invoiced Status and Revenue Status of an expenditure? — Cloud Customer Connect
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How does Oracle determine the Invoiced Status and Revenue Status of an expenditure?

in Project Management 1 comment

Summary:

How does Oracle determine when the Invoiced Status and Revenue Status of an expenditure is Fully Invoiced/Fully Recognized? Is it if the dollar amount of the expenditure matches the dollar amount of the invoice? Or if the Invoiced percentage invoiced rounds to 100%?

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For example, an expenditure of $712.65 was invoiced for $712.62 due to the hard limit being met. The percentage invoiced was 99.996%, however the Invoiced Status was Fully Invoiced and the Revenue Status was Fully Recognized.

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