Receivables Integration with Oracle Project
Integration services between Receivables and Project let you manage aspects of Project invoices both before and after transfer to Receivables using AutoInvoice.
Integration services between Oracle Receivables and Oracle Project include:
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Tax Amounts on Project Invoices
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Contract Invoices
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Invoice Printing
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Net Invoices
Tax Amounts on Project Invoices
You can review estimated tax amounts on draft Project invoices before transfer to Receivables. You can review estimated tax amounts for the entire invoice or for selected invoice lines. You can also print invoices in Project with estimated tax amounts.
Project invoices use the same tax configuration, as defined in Tax, as that used by Receivables. However, final tax calculation on Project invoices only takes place after transfer to Receivables. If there are any changes in the tax configuration between invoice creation in Project and invoice transfer to Receivables, the final tax calculation may differ from the estimated calculation on the draft invoice.
Contract Invoices
You can create contract invoices without project information and transfer these invoices to Receivables. You can search by contract number in Receivables to review these invoices after successful transfer.
If the Require salesperson Receivables system option is enabled, then you must provide sales credit information on contract invoices before transfer to Receivables.
Receivables doesn't display accounting for contract invoices after AutoInvoice import. You can only view accounting after invoices are transferred to subledger accounting.
Invoice Printing
You can print and review invoices in Project before transfer to Receivables. You can also transfer print templates created in Project to Receivables for printing final invoices.
Net Invoices
You can create net invoices in Project and transfer these invoices to Receivables. A net invoice combines new invoice lines with existing credit memos into one invoice. Where applicable, you can use a net invoice to manage existing credits instead of issuing separate credit memos for each credit item.
After transfer to Receivables, the credited lines appear as separate invoice lines on the invoice.