Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

How to use Project Billing contract, that includes Goods and Services over the time with Revenue Mgt

in Revenue Management 1 comment

Summary:

Oracle PPM Project Contract that has goods and consulting service lines required to recognize revenue in the Oracle Revenue management.

The Billing method is amount-based.

The revenue method is "As Incurred."

How to create the satisfaction events in the PPM Project financial management module for goods item( delivered in time) and for Consulting service that is delivered over time, over a year.

How the satisfaction event will be transferred and communicated to the Oracle Revenue management cloud module so that revenue is recognized in the Revenue management module by running the " Identify Customer Contract "process for the work completed in the PPM project module. The project cost /work is booked from the time card cost. Some Costs come from Payables to Projects.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!