Oracle Revenue Management Configuration

  • System Option​
  • Source Document Type​
  • Contract Identification Rule​
  • Contract Identification Rule​
  • Performance Obligation Identification Rule​
  • Pricing Setup (Part Of Order Management Pricing Strategy)​

RMCS-CONFIGURATION

Common Revenue Management Configuration Overview

CONFIGURATION-Satisfaction Plan Type​

Performance Satisfaction Plan Types

You can use four different Performance Satisfaction Plan Types on Revenue Scheduling Rules:

Performance Satisfaction Plan TypeDescription
Daily revenue rate, all periodsProrate revenue recognition who a daily rate for all periods. Use accounting rules of this type to meet strict revenue accounting standards This rule type requires rule start date and rule end date to be specified in the transaction data.
Daily revenue rate, partial periodprorate revenue recognition using a daily rate of only partial periods. the whole periods are prompted evenly, this rule type requires rule start date and rule end date to be specified in the transaction data.
Fixed ScheduleProrate revenue recognition over a predefined number of periods and predefined percentages of revenue amount For example you can specify 3 periods for 30%130%140% With this rule. the system derives the duration from the rule.
variable scheduleProrate revenue recognition over a number of periods. With this rule, the rule start date and the duration must be provided n the transaction data

CONFIGURATION-Satisfaction Plan Type​

Revenue Schedule​

SOURCE DOCUMENT TYPE​

SYSTEM OPTION​

SYSTEM OPTION​

CONTRACT IDENTIFICATION RULE​

CONTRACT IDENTIFICATION RULE​

Contract Identification Rule​

Performance Obligation Identification Rules​

Identify Performance Obligation​

Pricing Setup-Part Of OM Pricing Strategy​

PROGRAM NEED TO RUN​

  • RMCS Revenue Basis Extract​

  Extracts Revenue Basis data from Fusion DOO, Enterprise Contracts and PPM      

  Billing into VRM(RMCS) via ICS​

  •  RMCS Billing Extract​

Extracts Invoices from Fusion Billing for feeding into VRM(RMCS)​

RMCS Progress Revenue Basis Event Extract​

  • Extracts Progress Revenue Basis data from Projects into VRM(RMCS) via OIC​
  • Process Revenue Recognition​

REQUIRED JOB ROLES​

  • REVENUE MANAGER​
  • REVENUE ANALYST​
  • Receivable Manager​
  • Order Entry specialist​
  • Project Accountant​

Fusion Home Page​

CONTRACT DASHBOARD​

SEARCH CONTACT​

MANAGE CUSTOMER CONTACT​

Customer Contact​

Customer Contact​

Implementation decision point​

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