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Setting Up Cost-to-Cost Revenue

If your company uses the cost-to-cost billing method (denoted by a distribution rule of COST), you need to assign a default event type to the predefined billing extensions of Cost-to-Cost Revenue and Cost-to-Cost Invoice. Oracle Projects automatically calls and executes two predefined billing extensions for cost-to-cost revenue accrual and invoicing methods. Oracle Projects creates automatic events for the revenue and invoice amounts.

Assigning Event Types

Prerequisite

   To Assign Event Types For Cost-to-Cost Revenue:

Assigning Budget Types

You can change the cost and revenue budget types used as input for this extension. For example, you can use the forecast cost budget instead of the approved cost budgets. To make this change, change the cost budget type and revenue budget type on the predefined billing extension.

See Also

Effective Dates

Overview of Billing Extensions

Fremont Corporation assigns the automatic event type of Cost-to-Cost Revenue to the two predefined billing extensions, Cost-to-Cost Revenue and Cost-to-Cost Invoice.

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