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

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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.

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