PreviousNext JavaScript must be enabled to correctly display this content
  • Title and Copyright Information
  • Get Help
  • 1 Create Customer Contract
    • Contract Authoring
      • Contract Actions and Status Changes
      • FAQs for Contract Authoring
        • How can I record sales credits for each salesperson?
        • When can I create a new contract version?
    • Project Contracts
      • How Project and Contract Invoice Components Work Together
      • How Bill Plan and Revenue Plan Components Work Together
      • Project Billing Options for Contract Types
      • Examples of Using Billing Controls
      • Example of Creating a Contract for Billing
      • Create Contract for Percent Spent Invoice and Revenue Methods
      • FAQs for Project Contracts
        • What's a bill plan?
        • What's a revenue plan?
        • What happens to transactions if I place a bill plan or revenue plan on hold?
        • Why can't I see the schedules and overrides for a bill plan or revenue plan?
        • What's a bill set?
        • What's a billing currency type?
        • What's a billing control?
        • What's the difference between contract and contract line billing controls?
        • Why can't I create billing controls for a contract?
        • Why can't I associate a billable task with a contract line?
        • How can I control the billing sequence of multiple contracts associated with the same project and task?
        • How can I set up a weekly notification that informs me that the project contract will expire in the next 60 days?
    • Intercompany Billing and Interproject Billing Options
      • Example of an Intercompany Billing Contract
      • Examples of Transfer Price Rates
      • FAQs for Intercompany Billing and Interproject Billing Options
        • Can I create a contract for intercompany billing with transfer price rules?
  • 2 Amend Customer Contract
    • Adjust Revenue Transactions
    • Considerations for Updating Bill Plans
    • Considerations for Changing a Revenue Method
    • FAQs for Amend Customer Contract
      • Can I modify a contract without amending the contract?
      • How can I change a contract that is pending signature?
      • When can I create a new contract version?
      • How can I revert a contract to a previous active version?
      • How can I change the types of transactions that can be invoiced and recognized for revenue?
      • How can I change the bill plan or revenue plan of an active contract?
      • How can I change the soft limit or hard limit amount for invoicing or revenue recognition?
      • What happens if I remove an associated project from a contract line?
  • 3 Project Contract Billing
    • Billing Transactions
    • Billing Cycles
    • Print Invoices
    • Billing Event Components
    • Import Project Billing Events
    • Invoice Credit Actions
    • Contract Number Ranges
    • Contract Templates for Project Billing
    • FAQs for Project Contract Billing
      • Why can't I locate an invoice?
      • What happens if I search for an invoice by project?
      • What's the difference between the queried amount and the invoice amount?
      • What's the difference between intercompany billing and interproject billing?
      • What's the difference between the associated task and transaction task on a billing transaction?
      • What happens if I change the billable status of an expenditure item?
      • How do I create a billing transaction?
      • Why can't I create a billing transaction?
      • When do I create manual billing transactions?
      • What happens if I delete a billing transaction?
      • What happens if I delete an invoice?
      • Can I delete an event?
      • Can I invoice or recognize revenue for a billing event without a completion date?
      • How can I change the soft limit or hard limit amount for invoicing or revenue recognition?
      • What happens when revenue or invoice amounts reach a hard limit?
      • How can I find expenditure items that are not yet invoiced?
      • How can I change the types of transactions that can be invoiced and recognized for revenue?
      • When do I recalculate the currency conversion for an invoice?
      • How can I release an invoice automatically?
      • How can I transfer automatic credits from contract invoices to Oracle Fusion Receivables?
      • When do I recalculate a billing extension?
      • How can I view an Oracle Fusion Receivables transaction for a contract invoice?
      • What happens if I preview an invoice when the contract line does not have a purchase order?
      • What happens if the same billing event is updated multiple times using the Update Events Web service?
      • Can I release multiple approved invoices?
      • Can I change the status of a credit memo to draft?
      • When is a credit memo reason required?
    • Invoice Generation
      • How Invoices Are Generated
      • Generate SF270 Forms
      • Letter of Credit Billing
      • Example of Contract Line Invoicing
      • Manage Contract Invoices
      • How Invoice and Revenue Rates Are Determined
      • How Percent Complete Invoice Amounts Are Calculated
      • How Percent Spent Invoice Amounts Are Calculated
      • Generate Invoice Report
      • Export Invoice Details
      • FAQs for Invoice Generation
        • What's an invoice preprocessor?
        • What's a billing transaction exception?
        • Why is the tax amount on this invoice different from the tax amount in Oracle Fusion Receivables?
        • Can I use third-party applications to calculate tax?
        • How can I submit an invoice automatically?
        • Which original system do I choose for the Export Invoice Details process?
        • How can I release an invoice automatically?
        • How can I correct the bill-to and ship-to details in transfer rejected invoices?
        • Can I process invoices in any sequence?
        • How can I view the receivables invoice from the Manage Project Invoices page?
    • Invoice Transactions
      • Best Practices for Editing Invoice Transactions
      • Invoice Transactions on Hold
      • Bill Rate Changes for Contract Lines
      • Considerations for Contract Amendments and Adjusted Invoices
      • Examples of Removed and Adjusted Invoice Transactions
      • Invoice Lines
      • FAQs for Invoice Transactions
        • What's the difference between eligible transactions and unbilled transactions?
        • What's the difference between placing an expenditure item or event on hold from a transaction page and an invoice page?
        • What happens if I change the hold status of a transaction?
        • Why can't I attach a transaction to an invoice line?
        • What happens if I link a distribution to an invoice line?
        • How do I remove partially invoiced billing transactions?
    • Milestone Billing and Revenue Recognition
  • 4 Project Contract Revenue
    • How Project and Contract Revenue Components Work Together
    • Summary Revenue Amounts
    • Process Contract Revenue
    • Example of Revenue Accounting Entries
    • FAQs for Project Contract Revenue
      • What's at-risk revenue?
      • How can I recognize revenue before my contract is funded?
      • How can I change the soft limit or hard limit amount for invoicing or revenue recognition?
      • How can I change the types of transactions that can be invoiced and recognized for revenue?
      • Why is the summarized actual revenue different from the sum of the revenue distribution amounts?
      • Can I invoice or recognize revenue for a billing event without a completion date?
      • Why can't I select an organization from the list of values on the Manage Project Costs page?
      • Can I delete an event?
      • How can I locate transactions with unrecognized revenue?
      • Can I adjust revenue in a closed accounting period?
    • Revenue Generation
      • Revenue Amount Types
      • How Revenue is Calculated
      • How Invoice and Revenue Rates Are Determined
      • How Percent Complete Revenue Amounts are Calculated
      • How Percent Spent Revenue Amounts are Calculated
      • Example of Billing Transactions and Revenue
      • Generate Revenue Report
      • Export Revenue Details
      • FAQs for Revenue Generation
        • What's a billing transaction exception?
        • What's the difference between transactions with unrecognized revenue and billing transaction exceptions?
  • 5 Project Rate Schedules
    • Rate Schedule Types
    • FAQs for Project Rate Schedules
      • How can I bill a nonlabor expenditure item at cost?
      • How can I define bill rates for inventory items?
      • Where does the transaction currency for nonlabor expenditures come from?
  • 6 Record Accounting for Project Billing
    • How Reclassified Billing Offset Balances are Calculated
    • FAQs for Record Accounting for Project Billing
      • What happens if I close an accounting or project accounting period permanently?
      • How can I reclassify unbilled receivables and deferred revenue account balances?
    • Accounting Entries
      • Considerations when Creating Accounting for Transactions
      • Project Costs and Revenue Accounting Entries
      • Example of Revenue Accounting Entries
    • Accounting Periods
      • Options to Maintain Accounting Periods and Project Accounting Periods
      • How Accounting Periods and Project Accounting Period Closing are Validated
      • Sweeping Transaction Accounting Events
      • FAQs for Record Accounting for Project Billing: Accounting Periods
        • Can I close an accounting period that has unaccounted revenue and reclassification accounting events?
        • Can I adjust revenue in a closed accounting period?