A US-based company is providing resources to a UK subsidiary and has implemented Oracle
Projects intercompany billing solutions. How would the US company create the Accounts Payable
invoice in the UK operating unit?
A.
when the draft intercompany invoiceis approvedin the us Projects ledger
B.
when the draftintercompanyrevenue is approved in the US Projectsledger
C.
Invoice automatically createdas part of the PRC: Tieback Invoices fromReceivables in the
USProject ledger
D.
when the draftintercompanyinvoice is released in the US Projects Ledger
E.
on creation ofthe Intercompany revenue in the US General Ledger
Explanation:
The provider operating unit runs the process PRC: Tieback Invoices from
Receivables, which automatically creates corresponding intercompany invoice supplier invoices
ready to be interfaced to Oracle Payables in the receiver operating unit.
Note:
See step 6 below.
Intercompany Billing Processing FlowIntercompany billing processing requires the following steps:
The provider operating unit also imports project-related supplier costs from Oracle Purchasing and
Oracle Payables and project-related expense report costs from Oracle Payables.
Use Oracle Receivables to print the invoice as well as to create accounting for Oracle Subledger
Accounting.
Oracle Project Costing User Guide,Cross Charge