Oracle Project Billing enables simple client invoicing, improved cash flow, and measurement of the profitability of contract projects with support for planning, execution, and analysis. It utilizes information from the work breakdown structure and provides flexible revenue accrual and invoice generation features.
This chapter describes the following test flows in Oracle Project Billing:
Project Revenue and Invoice Generation
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Not applicable.
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Not applicable.
Project revenue and invoice generation covers the integration between Project Billing and the other modules within Projects product family, like Project Foundation and Project Costing and also with Financials products like Receivables and E Business Tax.
A contract project is created which gets funded by an agreement. Costs and billing events are recorded on the projects. For these costs and events, project revenue is generated and accounted. Projects invoices are also generated and fully processed by interfacing the same to receivables.
None.
Table 17-1 Profile Options for Project Revenue and Invoice Generation Flow
| Profile Name | Profile Value | Level |
|---|---|---|
|
Profile Name |
Profile Value |
Level |
|
PA: Transaction Billability derived from Work Type |
Yes |
Site |
|
PA: Require Work Type Entry for Expenditures |
Yes |
Site |
Table 17-2 Predefined Data for Project Revenue and Invoice Generation Flow
| Window Name | Field Name | Field Value |
|---|---|---|
|
Project Implementation Options |
Transaction Source |
PROJECTS INVOICES-600 |
Table 17-3 Setup Data for Project Revenue and Invoice Generation Flow
| Window Name | Field Name | Field Value | Comments |
|---|---|---|---|
|
Project Type |
Service Type |
Build |
|
|
Work Type |
Commercial Customer-billable |
Billable or capitalizable option should be selected |
|
|
Resource List |
Expenditure Category |
||
|
Rate Schedule |
PJCB-EMP-BR-1 |
||
|
Rate Schedule |
PJCB-JOB-BR-1 |
||
|
Rate Schedule |
PJCB-NL-BR-1 |
Expenditure type Consulting has a markup of 10% defined. |
|
|
Billing Cycle |
First Day |
||
|
Project Template |
Employee |
Marlin, Ms. Amy |
|
|
Customer |
Hilman and Associates |
||
|
Tax Classification Code |
PJB_TAX_RATE |
Tax Rate of 10% is defined |
|
|
Agreement |
Agreement Type |
Purchase Orders |
|
|
Payment Terms |
30 NET |
||
|
Pre-Approved Batch |
Expenditure Type |
Consulting |
|
|
Billing Events |
Event Type |
Manual |