Is there an Oracle ERP/PPM Cloud (SaaS) solution for Voyage Accounting used in Shipping Industry?
Summary:
Does Oracle recommend a Oracle ERP/PPM cloud (SaaS) based solution for Voyage Accounting requirement in Shipping industry?
Content (required):
Shipping industry has a unique requirement in form of Voyage Accounting where a P&L needs to be reported for every Voyage even if the Voyage is imcomplete. Expenses need to be captured and then allocated to multiple Voyages. Accruals also need to be captured based on certain criteria (like % of Voyage completion).
Has anyone tried to use Project Accounting for this requirement with each Voyage being defined as a Project & then any additional functionality in GL (or any other module) used for capturing accruals & finally producing the Voyage P&L?