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

Billing Offset for migrated Contract invoice/revenue

edited Aug 19, 2024 5:44AM in Project Management 2 comments

Hi,

We have migrated Invoice and revenue through Events i.e Revenue generated with Transfer to GL flag unchecked and migrated invoice generated through migrated events and sent to AR with migration flag in contract and AR transaction type unchecked to Post to GL and receivables balance unchecked as well.

Billing offset reclassification is already done in legacy system.

Now billing offset is showing balance in both Unbilled and Unearned for the migrated contract in fusion after the revenue/invoice generation and interface. We cannot run the billing offset process as it will generate another offset journal in fusion so how do we handle the billing offset for the migrated contract during/after Data migration? Appreciate any recommendations and suggest a solution or process to handle this?

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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