Receivables - EBS (MOSC)

MOSC Banner

Future Periods due to Revenue Recognition - EBS

edited May 31, 2018 11:56PM in Receivables - EBS (MOSC) 2 commentsAnswered ✓

Hello,

In Oracle R12 Receivables we are planning to use accounting rules and the in advance invoice rule to complete revenue recognition on invoices that are for 36 month contracts (equal parts each month).

(Invoice the customer all up front and they pay all up front, but the recognize revenue over the 36 months.)

It sounds like we need to have the calendar setup until 2022, but I wanted to confirm that was accurate or if we were missing something?

Are there any concerns with setting up the calendar out that far that people have run into?

(We were able to process the invoice with those future periods set to Not Opened still which was good to see.)

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS Receivables Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center