Generating and Adjusting Revenue

Oracle Applications Fusion Cloud - Manufacturing

Oracle Cloud/Fusion Manufacturing Cloud training will help you develop the fundamental skills required to set up and use the Manufacturing module. This training covers all the tasks, setups, forms and reports used in Manufacturing and related modules

You can generate revenue for a single project, or for a range of projects using the PRC: Generate Draft Revenue process. You can also delete the revenue of a single project using the PRC: Delete Draft Revenue of a Single Project process.  When you generate revenue, Oracle Projects first selects projects, tasks, and their associated events and expenditure items that are eligible for revenue generation.

Oracle Projects next calculates the potential revenue and then creates revenue events and expenditure items.Oracle Projects also calculates the bill amounts of each expenditure item, based on the revenue distribution rule associated with a particular project. When Oracle Projects creates revenue, it also searches for available funding for each revenue item. We discuss each of these topics in detail below after we tell you how to generate revenue.

Revenue Accrual and Invoicing
Generate Draft Revenue uses the overrides and schedules to process projects using As Work Occurs revenue accrual and/or invoicing. These projects are assigned one of the following distribution rules:

Burden Schedules
Generate Draft Revenue follows the burden schedule precedence for items charged to tasks that use a burden schedule; it does not use bill rate overrides for these items.

Burden Schedules and Labor Multipliers
You may decide to use labor multipliers instead of a labor burden schedule if you are using a one tier multiplier for labor items. With a one tier labor multiplier, the use of labor multipliers and burden
schedule overrides for labor will result in same bill amounts but the method of processing will be different.

You can also use labor multipliers with a standard burden schedule for multiplier–tier revenue accrual and billing. This allows you to define one negotiated labor multiplier on top of the standard cost buildup provided by the standard burden schedule. The labor multiplier is
treated as another burden multiplier.
The calculation is: Bill Amount = Burdened Amount X (1 + Labor Multiplier)

You can also report this labor multiplier as another burden cost component in the  PA_INV_BURDEN_DETAILS_LM_V view. The labor multiplier component is not displayed in the

Bill Rate Schedules
Generate Draft Revenue follows the standard bill rate precedence for items charged to tasks that use a bill rate schedule. This precedence includes employee bill rate overrides, job bill rate overrides, non–labor bill rate overrides, job assignment overrides, and task schedules.

Accrue-Through Date

You can specify the accrue-through date for revenue generation to control what items and
events are processed for revenue accrual.
• Billable items with an expenditure item date on or before the accrue-through date are processed.
• Revenue events with a date on or before the accrue-through date are processed.

It is June 2, and you want to accrue revenue for the month of May.
You specify “31-MAY-XX” as the date through which to accrue revenue.

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