The generate cost accounting events process collects cost distribution lines in Oracle Projects and uses AutoAccounting to determine the default liability account. The value you select for the parameter Process Category determines the type of costs the process collects. The process also creates accounting events for the costs in Oracle Subledger Accounting.
If the process is able to successfully generate an accounting event, it updates the status of the cost distribution line to Accepted.
If the process cannot successfully determine a liability account or is unable to generate an accounting event, it updates the status of the cost distribution line to Rejected.
When top-down budget integration is enabled, the generate accounting events process generates encumbrance reversal accounting events. In addition, if you change burden rate multipliers or adjust supplier cost expenditure items in Oracle Projects, then this process generates encumbrance accounting events to reverse existing encumbrances and to create new encumbrances that result from the changes. The types of transactions that require encumbrance reversals include burden costs related to supplier costs (for example, supplier invoices, receipts, variances, or discounts) and contingent worker timecard costs associated with a purchase order. The reversals liquidate the encumbrance. For more information on top-down budget integration, see: Using Top-Down Budget Integration.
After the process generates cost accounting events, you can run the process PRC: Create Accounting to create the draft or final accounting in Oracle Subledger Accounting.
Submit this process from the Submit Requests window. See Submitting Requests.
You can submit the process as part of a streamline process. For information about streamline processes, see: Submitting Streamline Processes.
Process Category: Select the type of cost that you want to process. If you leave this parameter blank, the process selects all cost distribution lines, regardless of category. You can select one of the following process categories:
Burden Cost
Labor Cost
Inventory Cost
Miscellaneous Cost
Supplier Cost
Total Burdened Cost
Usage Cost
Work in Process Cost
Through GL Date: This process interfaces cost distribution lines with a GL date that is the same as or before the date that you enter here. If you leave this parameter blank, the process selects all cost distribution lines, regardless of the GL date.
The following reports show you the results of this process. These reports show amounts in functional currency.
Note: The process category value selection in the process parameters determines the reports that the process generates. For example, if you select Labor Cost as the process category, the process generates reports titled Transfer Labor Costs to Subledger Accounting Report and Transfer Labor Costs to Subledger Accounting Exceptions Report. If you leave the process category parameter blank, the process generates reports for each type of cost.
Generate Cost Accounting Events Report: Usage, Miscellaneous, Inventory, Work in Process and Burden Cost Transactions. Lists the costs associated with cost accounting events generated for usage cost, inventory cost, work in process cost, and burden cost transactions. This report displays the nonlabor resource, expenditure source, expenditure date, and total cost in functional currency. This report also displays the total number of expenditure items and total cost.
Generate Cost Accounting Events Exception Report: Usage, Miscellaneous, Inventory, Work in Process and Burden Cost Transactions. Lists the expenditure items that the process rejected. The report includes the rejection reason for each item.
Generate Cost Accounting Events Report: Labor Cost Transactions. Lists the labor costs associated with accounting events generated for labor cost transactions. This report displays the name of the employee who reported the timecard, expenditure date, and total cost in functional currency. This report also displays the total number of expenditure items and total cost in functional currency.
Generate Cost Accounting Events Exception Report: Labor Cost Transactions. Lists the expenditure items that the process rejected. The report includes the rejection reason for each item.
Generate Cost Accounting Events Report: Supplier Cost Adjustment Transactions - Expense Reports. Lists the expense report adjustment costs associated with accounting events generated for expense report adjustment transactions. This report displays the name of the employee who incurred the expense, the expenditure date, total cost in functional currency, and the batch name. This report also displays the total number of expenditure items and total cost in functional currency.
Generate Cost Accounting Events Exception Report: Supplier Cost Adjustment Transactions - Expense Reports. Lists the expenditure items that the process rejected. The report includes the rejection reason for each item.
Generate Cost Accounting Events Report: Supplier Cost Adjustment Transactions - Supplier Invoices. Lists the supplier cost adjustment costs associated with accounting events generated for supplier cost adjustment transactions. This report displays the supplier, transaction number, transaction type, project transaction ID, project line, project, task, transaction currency, amount in transaction currency amount in functional currency, and rejection reason. This report also displays the total number of expenditure items and total cost in functional currency.
Generate Cost Accounting Events Exception Report: Supplier Cost Adjustment Transactions - Supplier Invoices. Lists the expenditure items that the process rejected. The report includes the rejection reason for each item.
Generate Cost Accounting Events Report: Total Burdened Cost Transactions. Lists total burdened costs associated with accounting events generated for total burdened cost transactions. This report displays the expenditure type class, employee, expenditure ending date, transferred total, and the batch name. This report also displays the total number of expenditure items and total cost in functional currency.
Generate Cost Accounting Events Exception Report: Total Burdened Cost Transactions. Lists the expenditure items that the process rejected. The report includes the rejection reason for each item.