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Please clarify these while integrating Project contracts Billing with Revenue Management module

in Project Management 1 comment

Summary:

Please clarify these while integrating Project contracts Billing with Revenue Management module

  • Oracle allows you to turn off revenue processing in Project Billing.
  • RMCS can handle all types of revenue accounting for your project contracts.
  • This is managed through a feature introduced in Oracle 18C called:“Perform Project Contract Revenue Accounting in RMCS”.

How do i turn off revenue processing in project Billing???

Is the below understanding correc?

Case 1: You use RMCS and have no intercompany or interproject contracts:

  • You don’t need to run the "Create Accounting Transactions" process in Project Billing.

Case 2: You use RMCS but have

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