Project Costs and Revenue Accounting Entries
Project accountants and billing specialists can use the View Accounting window to review accounting errors and entries created for cost and revenue transactions and take corrective actions. They don't need to navigate to the integrating applications to view the accounting entries of the imported transactions.
View the accounting entries and errors associated with a transaction for the following:
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Cost distributions
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Cross-charge distributions
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Revenue distributions
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Revenue accounting transactions
The following table describes the various regions where the accounting entries are displayed in the View Accounting window.
|
Region Name |
Description |
|---|---|
|
Source Accounting |
Displays accounting entries created by other Oracle Fusion Applications such as Oracle Fusion Payables, Oracle Fusion Receipt Accounting, and Oracle Fusion Cost Management. |
|
Imported Accounting |
Displays account combinations and amounts for accounted transactions created in and imported from third-party applications. |
|
Project Accounting |
Displays accounting entries created by Projects Financial Management applications. |
Settings that control the creation of journal entries are displayed in the View Accounting window to help you understand why certain journal entries were created or not created. The settings are as follows:
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Transaction source document import and accounting options.
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Project type options for creating burden and burdened cost journal entries.
In Oracle Fusion Project Costing, accounting entries are created for each cost distribution and cross-charge distribution. If a transaction has multiple cost distributions, then separate accounting entries are created for each distribution. You can view accounting entries for all distributions associated with a transaction on the Manage Project Costs page, while for a single cost or cross-charge distribution on the Expenditure Item page. In Oracle Fusion Project Billing, you can view the accounting entries for revenue on the Edit Events and Manage Revenue Distribution pages. You can also view the accounting entries for accounting transactions on the Manage Accounting Transactions page.