How to define SLA for Project accounting Billing Event Revenue

Hi Experts,

We need your support in implementing the custom SLA accounting rules to meet the following project-based accounting requirements in Oracle Fusion.

Understand the required accounting flow

Based on your example, the accounting flow is as follows:

Period	Accounting entry	Purpose
September	Dr. Expense A/c	Record project costs
September	Cr. Liability A/c	Record the supplier liability
September	Dr. WIP A/c	Capitalize eligible project costs
September	Cr. Expense A/c	Transfer costs from expense to WIP
October	Dr. Cost of Sales	Recognize costs associated with revenue
October	Cr. WIP A/c	Release costs from WIP
October	Dr. Accounts Receivable