Project Costing Implementation Options in Oracle Apps R12
The below options are to be enabled for the Project Costing in the Oracle Apps R12
Costing Implementation Options | Costing Implementation Values |
Expenditure Cycle Start Day |
indicates the projects 7 day expenditure week Start Day – Monday Week Ending Date is Sunday to be reflected in all expenditures including timecards and expense reports. |
Enable Overtime Calculation |
indicates if the system needs to calculate and charge overtime hours Enabled |
Interface Cost to GL |
indicates if the costing need to be recorded in General Ledger Interface Labor Costs Enabled Interface Usage Costs Enabled |
Expenditure / Event Organization Hierarchy |
indicates that the organization is mapped to the Organization Hierarchy and associated with Operating Unit |
Project Billing Implementation Options in Oracle Apps R12
- Oracle Projects allows to define the Journal Entry Sources and Journal Entry Categories for capturing revenue transactions to General Ledger Posting.
- Auto Numbering of the Invoice Number in the Oracle Projects
- In case of Manual Invoice Number , the below given setting are to be updated
- Oracle Projects allows to process the Projects Invoice Number at project invoice collection organization level, by default it is Enabled
- If the Oracle Projects invoices for a particular operating unit (OU) to be processed using the Oracle Projects seeded transaction types, then Centralized Invoice Processing should not be Enabled
- Oracle Projects allows Project Invoices to be Interfaced to Oracle Receivables by enabled the Invoices Batch Source
Billing Implementation Options | Billing Implementation Values |
Interface Revenue to GL | Enabled |
Invoice Numbering |
Invoice Numbering Method – Manual Invoice Number Type – Alphanumeric |
Centralized Invoice Processing | Enabled |
Invoices Batch Source | PROJECTS INVOICES |