Receivables - EBS (MOSC)

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AR Distributions Created in Two Periods When Using Immediate Accounting Rule

edited Feb 5, 2013 4:29PM in Receivables - EBS (MOSC) 7 commentsAnswered
Experiencing issues on 11.5.9 with Revenue Recognition of items that are assign ed an Immediate accounting rule at month end.  Oracle is creating Unearned Revenue entry ($100) on one period )ie: JAN-13) and the offesetting Unearned Revenue (-$100) and Revenue ($100) entry in the next period (ie: FEB-13).  These should all be in the same period.  This only appears to be happening at month end when orders are shipped late in JAN-13 period, but do not technically do not close until the FEB-13 period.  This is created issues with revenue Recocognition as this is revenue that should be recognized in the JAN-13 period.

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