Project Expenditures Implementation Steps

Project Expenditures Implementation Steps

The steps to implement the Project Expenditures in R12 are:-

1/ Define Expenditure Categories (Required)

Expenditure Category describes the source of your organization’s costs such as Labor Costs.

(N) Projects Super User > Setup > Expenditures > Expenditure Categories

2/ Define Revenue Categories (Required)

Revenue Category describes a source of your organization’s revenue such as Labor Revenue

(N) Projects Super User > Setup  > Expenditures > Revenue Categories

3/ Define Units (Required)

(N) Projects Super User > Setup > System > Units

 4/ Define Expenditure Types (Required)

(N) Projects Super User > Setup  > Expenditures > Expenditure Types

Tax Classification Code:-

Cost Rates:-

 5/ Implement Transaction Control Extension (Optional)

Transaction control extensions allow you to define your own rules to implement company-specific expenditure entry policies. 

For more information on Transaction Control Extension refer to the below link:-

http://docs.oracle.com/cd/A60725_05/html/comnls/us/pa/trxcnt02.htm

6/ Implement Autoapproval Extension (Optional)

Use the AutoApproval Extension to define conditions under which expense reports in Oracle Internet Expenses or timecards in Oracle Time & Labor are approved automatically. You can configure this extension to meet your needs.

7/ Define Transaction Sources (Optional)

Transaction sources identify the source of transactions imported into Oracle Project Costing using Transaction Import. 

The transaction source determines how Transaction Import processes transactions. The transaction source is used to identify transactions in the PA_TRANSACTION_INTERFACE_ALL table. 

When you run the concurrent program PRC: Transaction Import, you must enter the transaction source for the transactions that you want to import into Oracle Project Costing. The Transaction Import program selects all eligible pending transactions in the PA_TRANSACTION_INTERFACE_ALL table that satisfy the selection criteria of the program request and determines the validity of each transaction.

References:-

Oracle Documentation