1. Using Revenue Management
  2. Guidelines for Integrating Revenue Management with Enterprise Contracts and Project Billing

Guidelines for Integrating Revenue Management with Enterprise Contracts and Project Billing

You can import contract data from Oracle Enterprise Contracts and Oracle Project Billing into Oracle Revenue Management.

Before you begin importing data into Revenue Management, Enterprise Contracts and Project Billing continue to recognize revenue. After the start date, accounting entries for revenue, contract assets, and contract liabilities are generated by Revenue Management.

To integrate Enterprise Contracts and Project Billing data with Revenue Management, complete the following steps:

  1. Define the start date for integrating Enterprise Contracts and Project Billing Cloud data in the Manage Systems Options for Revenue Management page. The start date can be any date on or after January 1, 2014.

    Note: The start date is disabled after the first extraction of data into Revenue Management. All contract data that's created on or after the start date is imported into Revenue Management.

  2. Run the Extract Revenue Basis Data from Oracle Fusion Applications process for the document type Oracle Fusion Contracts. This process extracts the revenue basis data.

  3. Run the Validate Customer Contract Source Data process to validate the imported data.

  4. Run the Identify Customer contracts process to identify and create contracts and performance obligations.

  5. Run the Import Billing Data from Oracle Fusion Receivables process to import billing data.

After you complete the steps, the following occurs:

  • The Extract Revenue Basis Data from Oracle Fusion Applications process:

    • Imports sales cycle data from Enterprise Contracts and Project Billing into Revenue Management.

    • Imports events from Enterprise Contracts and Project Billing to record satisfaction events and book revenue in Revenue Management.

  • The Revenue Management application:

    • Identifies contracts and performance obligations.

    • Assigns values to the contracts.

    • Allocates and recognizes revenue.

  • The Identify Customer Contracts process:

    • Generates accounting entries for the performance obligations.

    • Imports contract revisions from Enterprise Contracts and Project Billing. The contract revisions are then reallocated and accounted again in Revenue Management.

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