Oracle Project Billing User Guide

Contents

Title and Copyright Information

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Preface

Overview of Oracle Project Billing

Overview of Oracle Project Billing

Billing Options for Projects and Tasks

Accounting Transactions

      Accounting Transactions for Revenue, Invoices, and Advances

Contract Projects

Overview of Contract Projects

Entering a Contract Project and Generating Revenue and Invoices

Billing Methods

Rates

      Assigning Bill Rates

      Controlling Billing by Top Task

Integration with Oracle Project Contracts

      Delivery-Based Billing Events

      Events Summary Window: Delivery-Based Billing Fields

      Subprojects Association

Agreements and Project Funding

Agreements

      Defining an Agreement

      Entering Agreements

      Agreements with Advance Payments

      Viewing Agreement Summary Amounts

Project Funding

      Fund Across Operating Units

      Fund at the Project Level

      Fund at the Task Level

      Funding Multiple Projects With One Agreement

      Funding a Project

Funding Revaluation

Project Funding Inquiry Window Reference

Quick Agreement / Funding Projects

      Project Templates for Quick Agreement

      Agreement Template

      Creating a Quick Agreement Project

Funding a Project Template

Copying a Template to Create a Quick Agreement Project

Budgeting for Project Templates

Events

Events

      Entering Events in Any Currency

Adjusting Revenue Events

      Determining Accounting Dates

      Adjusting Revenue Events: Example

Events Summary Window Reference

Event Details Window

Event Revenue Distribution Lines Window

Revenue Accrual

Accruing Revenue for a Project

      Revenue Flow

      Steps Before Generating Revenue

      Revenue Generation Process

      Selection Criteria

      Calculate Potential Revenue

      Creating Event and Expenditure Item Draft Revenue

Generating and Adjusting Revenue

Deriving Revenue in Foreign Currency

Revenue Accrual and Invoicing

Release Revenue, Generate Revenue Accounting Events, and Create Accounting

Adjusting Revenue

Reviewing Revenue

      Revenue Summary Window Reference

      Revenue Window

      Revenue Lines Window

      Revenue Line Details Window

How to Review Revenue

Viewing Accounting Lines

Accruing Revenue and Generating Invoices Based on Percent Complete

      Processing Percent Complete Revenue and Invoicing

      Agreements with Hard Limits

      Percent Complete

Revenue-Based Cost Accrual

      Cost Accrual Implementation Example

      Cost Accrual Accounting Entries

      Cost Accrual Accounting

      Case Study: Using Cost Accrual for a Project

Other Revenue Issues

      Funding and Multiple Customers or Multiple Agreements

      Hard Limits and Partial Accrual

Invoicing

Invoicing a Project

      Invoice Flow

      Steps To Take Before Generating Invoices

Components of an Invoice

Hard Limits

Generating Invoices

Retention Billing

      Defining the Retention Level

      Defining Retention Terms

      Accounting for Unbilled Retention

      Reviewing Retention Information

Reviewing Invoices

      Invoice Review Windows

      Invoice Window Regions

Approving, Releasing, and Printing Invoices

Changing Invoice Currency Attributes (Recalculating an Invoice)

Viewing Invoices

Viewing Invoices in Oracle Receivables

Adjusting Project Invoices

      Types of Invoice Adjustments

Adjusting an Invoice

Conditions That Allow Specific Invoice Actions

Integrating with Oracle Receivables

      Data that Oracle Projects Predefines

      Interface Invoices to Oracle Receivables

      AutoInvoice

      Tieback Invoices from Oracle Receivables

      Sending Invoice Accounting to Oracle Subledger Accounting

      Automatic Tax Calculation

      Reporting

      Viewing Invoices in Oracle Receivables

      AR Merge

Inter-Project Billing

Overview of Inter-Project Billing

      Business Needs and Examples

Inter-Project Billing Project Relationships

Inter-Project Billing Process

Overview of Processing Flow for Inter-Project Billing

      Entering Inter-Project Transactions

      Interface the draft inter-project invoice to Oracle Receivables

      Interface the draft inter-project invoice to Oracle Payables

      Run Open Interface Import in Payables

      Interface the draft inter-project invoice to Oracle Projects

Adjusting Inter-Project Billing Invoices

Billing in a Global Environment

Billing in a Global Environment

      Currency Conversion Attributes

      Project Billing Transaction Currency

Federal Government Projects

Federal Projects: Overview

Process Flow for Federal Projects

Federal Projects: Accounting

Index