Overview of Receivables Invoicing Rules in Oracle Fusion Applications

Invoicing Rules are used to determine when to recognize your receivable for invoices that span more than one accounting period. You can only assign one invoicing rule to an invoice. Receivables provides the following invoicing rules:

Bill In Advance: Use this rule to recognize your receivable immediately.

Bill In Arrears: Use this rule if you want to record the receivable at the end of the revenue recognition schedule.

To use Invoicing Rules create an Invoice with the field populated:

After creating your Invoice and assigning an Invoicing Rule, Run Recognize Revenue Program from the Scheduled Processes page. This will create Invoices dated in a future date depending on the Invoicing Rule you have specified.

Also, ensure that the Invoicing Rule setup in Import Information section of "Manage Transaction Sources" task is correctly configured.

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