Updating Revenue Recognition Statuses

This section discusses how to update the GL.

Page Name

Definition Name

Usage

Retrieve General Ledger Updates Page

RUN_CA_LOAD_UPD

Update the general ledger.

Update Contract Journal Info Page

RUN_PSA_UPD_JRNL

Update the year, period and journal date in Project Costing to match that used in General Ledger.

Use the Retrieve GL Updates page (RUN_CA_LOAD_UPD) to Update the general ledger.

Navigation:

Customer Contracts > Schedule and Process Revenue > Retrieve GL Updates

Run this process after you have run Journal Generator. When Journal Generator completes, it sets the GL_DISTRIB_STATUS in CA_ACCTG_LINE and CA_ACCTG_LN_PC from G (generated) to D (distributed). The Journal Generator Update process then updates the status of your revenue plan events to Completed and updates the GL_DISTRIB_STATUS of the applicable revenue transactions in PeopleSoft Project Costing PROJ_RESOURCE to D. This process also updates Reversal In Progress events to Reversed.

Use the Update Contract Journal Info page (RUN_PSA_UPD_JRNL) to update the year, period and journal date in Project Costing to match that used in General Ledger.

Navigation:

Customer Contracts > Schedule and Process Revenue > Update Contract Journal Info

This process can also be accessed from Project Costing, for more information, see Updating Project GL Journal Information.