invoicing rules

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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mahesh123
Posts: 14
Joined: Sun Jan 20, 2008 11:29 pm
Location: India

invoicing rules

Post by mahesh123 »

Hi everybody,
Can anyone tell about Invoicing rules and accounting rules,

Thanks in advance
Mahesh
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pinnaka.financial
Posts: 38
Joined: Thu Feb 14, 2008 7:59 am
Location: India

Post by pinnaka.financial »

hi
mahesh
Based on Accounting rules we have to define invoicing rules

Accounting rules:it is used to recognised the revenues and periods
There is two types1)Accounting for fixed duration.2)Accounting for variable duration,these two are based on your GL calendar.The first one equals to 100%.second one based on user requirement(variable) generally one period

The invoicing rules are used to from which date (startingdate)to recognaised the revenue.
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