Channel Revenue Management and General Ledger Integration

Back in February of this year, we told you about the EBS Business Process Advisor: CRM Channel Revenue Management document which has detailed information about the Channel Revenue Management application business flow and explains integration points with other applications.  But we thought that you might like to have even more information on exactly how Channel Revenue Management passes data to General Ledger.

Take a look at Integration Troubleshooting: Oracle Channel Revenue Management to GL via Subledger Accounting (Doc ID 1604094.2).  This note includes comprehensive information about the data flow between Channel Revenue Management and GL, offers troubleshooting tips and explains some key setups.

Let us know what you think - start a discussion in the My Oracle Support Channel Revenue Management Community!

Comments:

Hello everyone, I don't know if I am on the right blog, but certainly would appreciate redirection, if that's the case!

I am a technical accounting and financial reporting consultant with Experis Finance.

Our clients are asking the following questions about vendor software for revenue management that can automate the calculations and disclosure formats required under the new revenue recognition standard, ASC 606, Revenue from Contracts with Customers:
• What added features are anticipated to your current revenue management solutions, both generic features common to all or most industries, and specific features for companies that license intellectual property such as software, motion picture films, or patents?
• When does the Company anticipate completion of the necessary updates for availability to customers that have gathered all the necessary data for the new reporting method and new disclosures?
• Is the company’s solution capable of running parallel revenue models under the legacy accounting guidance and the new standard?

I am having difficulty finding a document on the Oracle website that addresses these items for revenue management solutions. Please help me identify a contact person at Oracle who can provide some information for our clients about where Oracle stands on it development cycle for any required upgrades as a result of the new accounting standard. At a minimum, I am hoping to be referred to a white paper or presentation about this subject. Thank you.

Karen Page
Sr. Manager-Technical Accounting and Reporting
Center of Expertise- Experis Finance
Mobile: 312-513-2340
E-mail: karen.page@experis.com
www.experis.com

Posted by Karen Page on September 11, 2014 at 10:55 PM EDT #

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