Why the customer financing is required at the level of the approved Budget income reference?

Hi guru of the project


Why customer financing is required at the level of reference approved Revenue Budget? Is possible on the revenue budget approved with funding of reference customer? can we use other budgets as budget revenue planned instead to use the approved revenue budget.

your help is much appreciated. AM starting in project accounting...

Thanks and greetings
Shameer PIT

Hello

Go to Setup > projects > project types
Find the type of your draft contract and look the billing information tab. There is a checkbox for funding without base Budget. This option to relieve the linkage that see you, where the funding should match the approved revenue budget.

In addition, you must configure a different name for the type of budget. Do not use the reserved name approved Budget receipts. You can use any other name for this type of budget. Then you are free to enter and baseline that budget without limitations.

Note If you revenue recognition method is COST, Oracle hope you approved Revenue Budget equal to allocated funding. The billing COST-COST extension uses this type of budget in the formula. If necessary, update the settings of the extension of billing of COSTS-COST to use your selected budget type.

Dina

Tags: Oracle Applications

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