Summarize Unbilled Receivables / Unearned Revenue Balances

The summarize unbilled receivables/unearned revenue balances process creates summary data required for running the UBR and UER reports. The process creates summary balances for draft revenue and draft invoices in Oracle Projects. The process summarizes amounts for draft revenues for which the process PRC: Generate Revenue Accounting Events has successfully generated events. The process summarizes amounts for draft invoices that have been transferred, imported, and successfully tied back to Oracle Receivables.

The unbilled receivables and unearned revenue transactions are summarized by project, by account segment, cost center, and GL period, deriving the summary amounts used in the reports.

Prerequisites

Before you can carry out the PRC: Summarize Unbilled Receivables/Unearned Revenue Balances process, you must do the following:

For more information on defining General Ledger Account Key Segments, refer to the Oracle General Ledger Implementation Guide.

Process Submission

Submit the PRC: Summarize Unbilled Receivables / Unearned Revenue Balances process from the Submit Request window.

Process Parameters

From Project Number and To Project Number: Enter the range of project numbers that you want to include.

Note: For faster performance, enter a range of projects.

GL Period (required): Enter a GL Period for selecting draft revenue and draft invoices in Oracle Projects. The default value is derived from the system date.

Note: To create accurate balances, run your process at the end of your GL period, after transaction processing is complete.

Viewing the Output Reports

The following reports show you the results of this process:

Draft Revenue Unbilled Receivables and Unearned Revenue Summary Balances Report:

This report lists the unbilled receivables and unearned revenue for revenue transactions. For each revenue transactions, the report lists the project, project type, draft revenue transaction number, GL period, revenue amount, unbilled receivables amount, unearned revenue amounts, GL header ID, and the GL line ID.

Draft Invoice Unbilled Receivables and Unearned Revenue Summary Balances Report:

This report lists the unbilled receivables and unearned revenue for draft invoices. For each draft invoice, the report lists the project number, project type, GL period, invoice amount, unbilled receivables amount, and unearned revenue amount.

Project Unbilled Receivables and Unearned Revenue Summary Balances Report:

This report lists the unbilled receivables and unearned revenue balances by GL period for all projects in which draft revenue or draft invoices were processed. The report shows the resulting balances of the unbilled receivables and unearned revenue by GL period for each project.

Viewing the Online Views

The results of the process can also be viewed online. You can export the online views to an Excel spreadsheet for further calculation, analysis, and formatting.

These online reports have an accounting view and a project view. Both of these views are included in the Project Super User and Operations Manager menus.

Accounting View Reports

Project accountants can use the Accounting View reports to review all entries to UBR and UER accounts in the GL from the Oracle Projects subledger.

The following accounting view reports are available:

Unbilled Receivables/Unearned Revenue Balance by Project, Cost Center: Accounting View

The report shows summary balances for selected cost centers for a given UBR or UER account.

Parameters

The Operating Unit, Account and As of GL period fields are required. Use the following other parameters to further filter the report:

Unbilled Receivables/Unearned Revenue Transaction Details for Project: Accounting View

This report shows UER and UBR transaction details for a selected project. You can access this report in the following ways:

Parameters

The Operating Unit, Account and As of GL Period fields are required. Use the following other parameters to further filter the report:

Project View Reports

Project managers can use the Project View reports to review the balances of UBR and/or UER accounts on a project. The following project view reports are available:

Unbilled Receivables/Unearned Revenue Balance by Project: Project View

This report shows the period-to-date summary balances for both the Unearned Revenue and Unbilled Receivable accounts for a specified GL period.

You can click on a selected project number in the Project Number field to view both the UBR period-to-date summary balance and the UER period to date summary balance for each individual cost center in the project.

Parameters

The Operating Unit and As of GL Period fields are required. Use the following other parameters to further filter the report:

The default sort order is Project Number column in ascending order. Click on any column in the results section of the report to sort the report in the ascending order of that column. If project number and project name are given, project name takes precedence for retrieving the data.

Unbilled Receivables/Unearned Revenue Balance by Project, Cost Center: Project View

This report shows the period-to-date summary balances for both the Unearned Revenue and the Unbilled Receivable balances for each individual cost center in a project.

You can access this report in the following ways:

Parameters

The Operating Unit and As of GL Period fields are required. Use the following other parameters to further filter the report:

Unbilled Receivables/ Unearned Revenue Transaction Details for Project: Project View

This report shows the invoice and revenue transactions details of UBR and UER balances in Oracle Projects. You can access this report in the following ways:

Parameters

The Operating Unit and As of GL Period fields are required. Use the following other parameters to further filter the report: