By defining a Revenue Item Group

By defining a Standalone Selling Price Profile.

By defining a Performance Obligation Template.

By defining a Contact Identification Rule.

Revenue Management System Options

Performance Obligation Template

Contract Identification Rules

Revenue Price Profile

Performance Obligation Identification Rules

Select Conversion Rate Type in the Source Document Type setup.

Run the Revenue Management translation process.

Enter Conversion Rate Type in System Options.

Provide currency conversion details in the Revenue Basis Data Import Template.

Enter exchange rate information in Standalone Selling Price Profile.

Ignore the performance obligation for the toaster because it was free of cost to the customer.

Define an Implied Performance Obligation Template to automatically add a performance obligation for the toaster.

Create the performance obligation for the toaster manually.

Define an adhoc rule in the Revenue Price Profile to include the toaster.

Apply appropriate patches to EBS.

Run the Deploy System Options process.

Set the Profile Option AR: Source System Value for Revenue Management.

Map the EBS Chart of Accounts to the Cloud General Ledger.

Set the System Options in EBS Receivables on the Revenue Management tab.

Identify Customer Contract Based on Party

Identify Customer Contract Based on Source Document Line

Identify Customer Contract Based on Source Document

Identify Customer Contract Based on Source System

Selecting default language

Changing text font

Saving searches

Configuring table columns

Create a reporting ledger.

Create a new primary ledger.

Create a secondary ledger.

Using their existing primary ledger.

by identifying and creating one or more performance obligations for a given accounting contract

by calculating Total Transaction Price for contracts

by only creating contracts that are source system specific

by allowing manual allocation of Total Transaction Price across performance obligations

by restricting users from excluding contract lines

by grouping source document lines intro contracts for each identified customer

Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized

Time-based contingencies must not expire before the contingency can be removed and revenue recognized

Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet

Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration

must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.

Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.

a change to the contract caused by negotiation with the customer

a revision or correction to the estimate of variable consideration made at inception

a change (modification) to the contract data

an increase or decrease in expected collectability

These accounts are optional in Revenue Management.

If nonexistent, these accounts need to be added to the chart of accounts.

If nonexistent, these accounts are added automatically to the chart of accounts.

These accounts are not relevant to Revenue Management.

four tabs that store data for the

VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, VRM_SOURCE_DOC_SUB_UNES, and VRM_PERF_OBLIG tables respectively

three tabs that store data for the VRM_SOURCE_DOCUMENTS, VRM_SOURCE_DOC_LINES, and VRM_SOURCE_DOC_SUB_LINES tables respectively

two tabs that store data for the VRM_SOURCE_DOCUMENTS and VRM_SOURCE_DOC_LINES tables respectively

one tab that stores data for the VRM_SOURCE_DOCUMENTS table

60 User Extensible Fields

10 User Extensible Fields

90 User Extensible Fields

50 User Extensible Fields

Contract Identification Rules

Items

Source Document Types

Pricing Dimension Segments

your invoiced goods and services less those goods and services that you have not yet delivered

your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered

Unearned Revenue

your debt to customers for goods and services you are obliged to deliver to them by either party acting

B, C, A

A, C, B

C, B, A

C, A, B

A, B, C

B, A, C

pricing bands

a pricing dimension structure

the source document types

a pricing dimension structure instance

Table

Subset

Independent

Format Only

Dependent

Amount Band

Deal Size Band

Set Band

Quantity Band

an estimate of the consideration be made at inception only

that the consideration be monetary

an estimate of the consideration be made at Inception, and corrections of the accrual at made at each period end until revenue Is recognized

a disclosure be made to the shareholders