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Discrepancy in Project Costs Between Manage Project Costs and Manage Summary Revenue

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We are experiencing a discrepancy in project costs for the same month (February 2024) within our Oracle system. This inconsistency is causing issues with accurate financial reporting.

Problem Description:

  • We are observing a difference in the total project costs displayed in two modules:
    • Manage Project Costs: For contract number AD21006 and period February 2024, the total project cost shows as 524,285.36 AED.
    • Manage Summary Revenue: For contract number AD21006 and period February 2024, the actual cost amount shows as 640,450.32 AED.

Impact:

This discrepancy between the two modules makes it difficult to obtain an accurate picture of project profitability and overall financial health.

Request:

We kindly request your assistance in investigating the root cause of this difference in project cost values. We would appreciate it if you could help us identify a solution to ensure both Manage Project Costs and Manage Summary Revenue display the same total project cost for the same contract and period.

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