Related Tasks for Processing Escalation Billings
This table describes the tasks that you perform after you generate the catch-up escalation billing records to complete the escalation billing generation process:
Task |
Description |
|---|---|
Review the Escalation Journal |
If you generated catch-up billings records, you can review, revise or delete the transactions as necessary before you post them. |
Post invoices and vouchers (Required) |
If you generate catch-up billing records, you must post them to generate the invoice or voucher records that update the appropriate general ledger accounts. (Release 9.2 Update) The R15199 has been updated to determine if billing records should be included in the revenue recognition process by comparing the information on the billing transaction to the Real Estate trigger configuration. If at least one pay item from the billing invoice is included in revenue recognition processing, the system writes journal entries to the performance liability accounts instead of writing to the billing accounts and creates the corresponding entries for revenue recognition in these tables:
|
Print invoices |
After you post invoices, you can print and send them to the tenants. See Printing Invoices. |
Print statements |
After you post invoices, you can print statements and send them to the tenants. See Printing Statements. |
Review billing transactions |
You can review escalation billing transactions in detail using the Billings Transaction Inquiry program (P15211). |
Review invoice transactions |
You can review the invoices generated from the escalation billing process by using the Tenant Ledger Inquiry program (P15222). |
Review voucher transactions |
You can review the vouchers generated from the escalation billing process by using the Supplier Ledger Inquiry program (P0411). |