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3.4iew #aterial Transactions

Figure 2

5.

4iew #aterial $istriution

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Figure 4

'. $efine 6ccounting Rules in 6ccount Receivales

6ccount Receivales"Setup"Transactions"6ccounting Rules

There are two *redefined 6ccounting rules

a%3 #onths 7 $eferred

%mmediatel!

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Figure 5

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Figure 6

8. &nter a SO )eg '395:+

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Figure 7

9. SO '395: oo;ed with

Ordered item ##%T'(/

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Figure 8

:. *ic; Release the SO

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Figure 9

10. Ship Confirm the SO

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Figure 10

11.tem is shipped

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1,. >ine is closed

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13. Review the #aterial Transactions form

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15. $istriution of the SO issue

?hen a Sales order is shipped the following accounting ta;es place-

nventor! 4aluation 6ccount- Credit.

$eferred COGS account- $eit

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1(. Run the ?or;flow @ac;ground *rocess re

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1' . Create the nvoice with the 6utoinvoice re

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18.Chec; the nvoice in 6R

6ccounts Receivales"Control"6ccounting

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1:. RecogniAe the revenue in 6R

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,0. 6fter recogniAing the revenue.

?e need to accept it.

#anage Revenue-

,1. Now the revenue has een recogniAed according to our accounting rule- 3 #onths7

$eferred

(0B 6ugust

,(BSeptemer

,(BOctoer

or 6ugust (0B of the revenue has een recogniAed

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,,. Now we run a set of concurrent processes to record sales order and revenuerecognition transactions and to create and cost COGS recognition transactions.

These COGS recognition transactions adDust deferred and earned COGS in anamount that s!nchroniAes the B of earned COGS to earned revenue on sales

order shipment lines.

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,3. Record Order Management Transactions- records new sales order transactionactivit! such as shipments and R#6 returns in Oracle Order #anagement.

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24. Collect Revenue Recognition Information- determines the percentage of

recogniAed or earned revenue related to invoiced sales order shipment linesin Oracle Receivales.

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,(. Generate COGS Recognition Events- creates and costs COGS recognitionevents for new sales order shipments/returns and changes in revenuerecognition and credits for invoiced sales order shipment lines.

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,'. 6 non%ph!sical transaction has een generated

Transaction T!pe= COGS Recognition

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