Enterprises face complex accounting and operational project issues that result from centralized project management through sharing of resources across organizations.
Oracle Projects provides the following cross charge features to address these issues:
Borrowed and Lent Accounting: This feature creates accounting entries to pass costs and revenue across organizations without generating internal invoices.
Intercompany Billing Accounting: This feature creates internal invoices and accounting entries to pass costs and share revenue across organizations.
In addition to these two features that enable you to charge costs across organizations, Oracle Projects inter-project billing features enable you to charge costs between projects. For detailed information on this feature, see Inter-Project Billing.
Cross charge features depend on multiple organization support in Oracle Projects and other Oracle Applications. In addition, these features support multinational projects, which also call for other currency exchange management functionality. See: Providing Data Access Across Business Groups.
Note: To use the intercompany billing feature (for cross charge) you must implement both Oracle Project Costing and Oracle Project Billing.
Other Sources
Setting Up for Cross Charge Processing: Borrowed and Lent, Oracle Projects Implementation Guide
Setting Up for Cross Charge Processing: Intercompany Billing, Oracle Projects Implementation Guide