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The amount of the closed per month contracts by BU and calculate/show the amount of Billing Offsets

in Fusion Applications Administration

When closing November we followed the usual process:

  1. Ran Create Accounting Transactions
  2. Posted them to GL by running Create Accounting for Projects
  3. During accounts reconciliation we observed a huge increase in account 116011
  4. Further analysis revealed that during the end of the year cleanup process in November we closed 3000+ contracts, and they were not picked up in Billing offsets which means that millions of $$ were not booked as a credit to account 116011 causing a material increase in this account
  5. We had to manually quantify the closure of contracts impact by BU (compare the contracts showing in Billings offsets in October versus the November offsets and determine the billing offsets amounts for those closed contracts)
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