Project Management

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  • Balakrishna Chaturvedula
    Intercompany contract setup for Projects1
    Topic posted November 18, 2019 by Balakrishna ChaturvedulaBronze Trophy: 5,000+ Points, tagged Project Billing & Revenue, Project Costing 
    Title:
    Intercompany contract setup for Projects
    Summary:
    How to setup Intercompany Contracts in Projects
    Content:

    Hi All,

    I have 10 different Legal entities (which are 10 different BUs) in scope for projects. All 10 LEs can work with each other and I do expect same transfer pricing to work across all. In order to achieve this, I am trying to understand how should I setup the Intercompany contract. Please advise.

    1. I cannot have multiple internal parties on the same Intercompany contract. So, should I be setting up 9 IC contracts in each entity or is there a way I can setup one and have multiple lines in the same contract. 

    2. Also, should I create cross charge project in each and every LE or leave the receiver project field blank?

    3. Here is link to documentation on various models to setup IC contracts. But I could not conclude on above. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/18c/oapfm/project-billing-configuration-define-intercompany-project-billing.html#OAPFM128695_2

    Thanks, Bala.

    Version:
    19C
  • Kim Puls
    Mass submit Draft invoices to Submitted for a specific...7
    Topic posted November 5, 2019 by Kim PulsSilver Medal: 2,000+ Points, tagged Project Billing & Revenue, Project Contracts, Project Costing 
    Title:
    Mass submit Draft invoices to Submitted for a specific customer
    Summary:
    Is it possible to mass submit draft invoices to submitted for a specific bill to customer?
    Version:
    R13-19C
  • Pankaj Tyagi
    Generate Capitalized interest process failing because of...
    Topic posted November 18, 2019 by Pankaj TyagiGreen Ribbon: 100+ Points, tagged Project Billing & Revenue, Project Contracts, Project Costing, Project Management, Project Management Mobile, Project Performance Reporting, Project Planning & Scheduling, Project Planning, Budgeting, & Forecasting, Project Resource Management 
    Title:
    Generate Capitalized interest process failing because of high threshold
    Summary:
    Generate Capitalized interest process failing because of high threshold
    Content:

    Dear All,

    We have situation, every month at period close, Generate Capitalized interest process gets failed. The reason here is - there are couple of projects which do not reach the threshold amount. After 19C, there projects are causing draft to get failed and these can not be posted to GL. Oracle says that reduce threshold and then run the program BUT this is cumbersome to change the threshold every month just to run this program and revert back. Also not good audit perspective. We have good amount of projects which falls into this category. Actually speaking Oracle should have them as warnings and not the errors.

    Wanted to check how others are doing for for this situation.  Would appreciate everyone's response

    Regards

    Pankaj

  • Dennis Oliver
    Mass Update Project Manager6
    Topic posted November 15, 2019 by Dennis OliverGreen Ribbon: 100+ Points, tagged Project Costing, Public Sector 
    Title:
    Mass Update Project Manager
    Summary:
    I need to update project manager on hundreds of projects, can the project import spreadsheet be used for this?
    Content:

    I need to update project manager on hundreds of projects as the project manager assigned to the project has left the business, can the project import spreadsheet be used for this or is it just used to create new projects?

    Version:
    19D
  • Lukas Oleksiak
    % spent revenue and cost1
    Topic posted November 15, 2019 by Lukas OleksiakGreen Ribbon: 100+ Points, tagged Project Billing & Revenue, Project Contracts, Project Costing 
    Title:
    % spent revenue and cost
    Summary:
    How to stop revenue being recognised for a particular cost transaction?
    Content:

    Hi there,

    I have the following use case:

    We are delivering a project and are using % spent revenue recognition method within the contract. We are funding a set of tasks via Contract Lines.

    We use Project Budget to calculate the % spent revenue recognition to provide Oracle with the Total Planned Cost.

    Against the funded tasks we incur some costs, which legitimately should not contribute/count towards out %spent revenue recognition. I notice that against a cost transaction we can set Revenue to Hold Until Released. I have used it but it made no difference to my revenue when using % spend. I believe it only applies if Revenue Plan = Rate Based.

    Is there any mechanism to set cost transactions as non-revenue contributing when using % spent revenue plan?

    Version:
    Oracle Cloud R13 19D
  • Vinay Jathanna
    Transaction Source drop down in Unprocessed Cost ADFDI
    Topic posted November 15, 2019 by Vinay Jathanna, tagged Project Costing 
    Title:
    Transaction Source drop down in Unprocessed Cost ADFDI
    Summary:
    Cannot see any values in the dropdown menu for Transaction Source in Unprocessed Cost ADFDI
    Content:

    I was able to select values from the Transaction Source field on the ADFDI header yesterday. But after the MS office update, the drop down menu doesn't show any values for either Transaction Source or Document. Has anyone come across this issue?

    Version:
    19D
    Document:
  • gabriel kinovisques
    How to Incur Accruals for Indirect Projects1
    Topic posted November 12, 2019 by gabriel kinovisquesRed Ribbon: 250+ Points, tagged Project Billing & Revenue, Project Contracts, Project Costing, Project Management, Project Performance Reporting, Project Planning & Scheduling, Project Planning, Budgeting, & Forecasting, Project Resource Management, Reports, Sample Reports, Tip 
    Title:
    How to Incur Accruals for Indirect Projects
    Summary:
    Expense Accruals for indirect Projects
    Content:

    Hello :

    We have a business requirement :

    The company provide one benefit to the employee called Mobile Phone for Managers up to 200 USD per Month.

    At the end of the Month the carrier i.e. ATT send the invoice to be paid for example 10,000 USD for all the mobiles phones and the AP invoice is fully paid to ATT.

    Once the ATT invoice has been paid Finance team review the invoice for each employee in order to check review the 200 USD threshold, so for example one manager spend 250 USD instead of 200 USD.

    In this case the manager owes 50 USD for the difference and this amount will be deducted from his payroll.

    Finance teams wants to book and expense accrual through Projects

    Debit Expense

    Credit Accrual

    This journal will be send to Payroll in order to deduct this amount for his payroll, and once they process the monthly Payroll they will send a Journal to be posted in General Ledger in order to confirm that 50 USD were deducted from his Payroll.

    Debit Accural 50

    Credit Banks or Wedge deductions 50

    Can we book those Expense Accruals troughs Projects or shall we book them trough GL instead ? If we book through GL we do not have a segment called Project.

    Please Advise

     

     

     

     

     

     

     

  • Anandhan Erulappan
    R13 (19D) - Generate CSV click closes all Excel...3
    Topic posted November 8, 2019 by Anandhan ErulappanBronze Medal: 1,250+ Points, tagged Grants Management, Project Costing 
    Title:
    R13 (19D) - Generate CSV click closes all Excel Files opened including FBDI
    Summary:
    R13 (19D) - Generate CSV click closes all Excel Files opened including FBDI
    Content:

    Hello All,

    Does anyone noticed, when we click "Generate CSV" button in FBDI Template, It is processing and once the generation process ends, it closes all the excel files opened without asking permission to Save, Including that FBDI Template.

    1. Import Project Labor Costs

    2. Import Project Miscellaneous Costs

    3. Import Project Miscellaneous Costs

    4. Import Project Nonlabor Costs

    Appreciate your comments and suggestions.

    Thanks

    Anandhan

    Version:
    19 D
  • Paul Fernandez
    How to override Budgetary Control as and when needed for...7
    Topic posted October 12, 2019 by Paul FernandezBronze Medal: 1,250+ Points, tagged Grants Management, Project Costing 
    Title:
    How to override Budgetary Control as and when needed for Award/Projects?
    Summary:
    How to override Budgetary Control as and when needed for Award/Projects?
    Content:

    How to override Budgetary Control as and when needed for Award/Projects?

    We have a requirement to override budgetary control as and when needed (to enter Misc Expenditures for Payroll Costs) on an Award/Project combination.

    Requirement Example:

    1. We have an award/project budget for 100,000.00 with Budgetary Control enabled at the Award/Project level with the Control level as Absolute.
    2. Costs incurred so far is 75,000.00 and available balance is 25,000.00
    3. New expenditure batch is for 30,000.00 and it fails Funds Check.
    4. Therefore, we need to override the Budgetary Control and let this expenditure go through and get the available balance to -5,000.00
    5. And this means, we have to temporarily change the Budgetary Control setting to Advisory, (let the expenditure go through) and put it right back to Absolute so that it will not allow any other expenditures to pass the Funds Check.

     

    Given the above requirement:

    1. I am not able to use the Budgetary Control Exception using a Transaction Source (because that is global and allows any transaction that come through that Transaction Source). Also, it does not reduce the available balance in the Control Budget.
    2. I can not also set the Budgetary Control to Advisory from the Budgetary Control Setting of the Budget Generation Option for the Award/Project Budget from the very beginning. This will let all expenditures go through without any Funds Checking (or rather only with Advisory). Because when the budget is base-lined, the Control Budget would be created with whatever setting is in the Budgetary Control Setting of the Budget Generation Option. So, budget base-lining appears to be the trigger that sets the Control Level in the Control Budgets.
    3. Therefore, the only way I found, is to go to the Award/Project budget and change the Budgetary Control Setting to Advisory every time this requirement is necessary and baseline the budget. This would update the Control Budget and change the Control Level to ‘Advisory’ and then create the ‘specific expenditure with the override’ so that it goes through the Funds Checking without fail.
    4. And, immediately go back to the budget again, and change the setting to ‘Absolute’ and baseline again which would update the Control Budget and change the Control Level to ‘Absolute’ and enforce the Absolute funds checking.
    5. This means, I have to perform the steps 3 and 4 every time there is this requirement (in every award/project combination) and it is not an easy process to go through.

    Trying to find out if there is another better/easier way to handle this. Any suggestions appreciated.

    Thanks

    --Paul

    Version:
    19C
  • Candice Ricketts
    CIP Asset Lines Transferred to FA New Costs Came In3
    Topic posted November 6, 2019 by Candice RickettsGreen Ribbon: 100+ Points, tagged Capital Projects, Expenses, Project Costing 
    Title:
    CIP Asset Lines Transferred to FA New Costs Came In
    Summary:
    How to updated costs/transfer new costs for capitalized asset
    Content:

    We generated asset lines and transferred to FA. New costs came in. Can't find the process to update/transfer new costs for the asset (From PPM to FA). Any guidance is appreciated. Thank you. 

    Version:
    19C