Your customer has set up a contract project with a distribution rule Work/Work. Identify three setup
options to:
Charge labortransactions revenue and all othernonlabortransactionsrevenue to separate
accounts
Generate separate invoice lineamountsforlaborand nonlabortransactions
A.
Setup revenue categories as required.
B.
Definerevenue accountsatthe revenue category setup level.
C.
Define AutoAccounting rules to derive revenue account based on revenue category.
D.
Definegrouping option byrevenuecategoryon the invoice format and attach the invoice format at
the project type level.
E.
Define grouping option by revenue category on the project type.
Explanation:
Note:
Revenue and Billing Information
When you enter revenue information for your project, you specify a revenue distribution rule for the
revenue accrual method and the billing method for this project. When you enter billing information,
you specify invoice formats, bill cycle days, and other invoicing information.
The project type determines which revenue distribution rule appears as the default value for this
field, and which other revenue distribution rules you can choose from. Oracle Projects predefines
the following revenue distribution rules:
Cost/CostAccrue revenue and bill using the ratio of actual cost to budgeted cost (percent spent).
Cost/EventAccrue revenue using the ratio of actual cost to budgeted cost (percent spent), and bill
based on events.
Cost/WorkAccrue revenue using the ratio of actual cost to budgeted cost (percent spent), and bill
as work occurs.
Event/EventAccrue revenue and bill based on events.
Event/WorkAccrue revenue based on events, and bill as work occurs.
Work/EventAccrue revenue as work occurs, and bill based on events.
Work/WorkAccrue revenue and bill as work occurs.