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Revenue accounting adjustments to use current project cost Center/Org

in Project Management

Summary:

Revenue accounting adjustments to use current project cost Center/Org

Please see IDEA 777689 (SR 3-36998998401 )

We would like to test a new configuration so that Revenue accounting adjustments to use current project cost center/Org, currently these are defaulting to the original project cost center/org when there has been a change since the original transaction. We need guidance from Deloitte for defining the new JERS and Journal Line Rules for External Revenue and Adjustments to follow the current project cost center/org.

Per Dustin Grabowski: "The delivered accounting method includes Journal Line Rule definitions that link the initial revenue entry with any related adjustments using a Business Flow. This is the reason why adjustments to revenue will always debit the original account, and not rederive based on the latest assignment of Project/Award/Contracts to a Cost Center.

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