Revenue recognition using revenue contengencies
Hi, We are on CORE EBS
( RDBMS : 11.2.0.3.0
Oracle Applications : 12.1.3)
Future process / Proposed Solution to be done
To define revenue contingency rules there are 2 steps, Create Revenue Contigency and Define Assignment Rules.
We have the following requirements
1. SDS Delivery:
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a. Create Revenue Contingency with Removal Event of Customer Acceptance and Event Attribute of Transaction Date
b. Create Assignment Rule using Ship Method and value of SDS Delivery.
I think this can be achieved using standard process because Transaction date event attribute is standard one
2. Direct Truck Load (DTL)
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a. Create Revenue Contingency with Removal Event of Customer Acceptance and Event Attribute of (Appointed Delivery Date or GL Date)