Project Partners Blog


Posts Tagged ‘project invoice’

Part 2 of 2 LEVERAGING ORACLE PROJECTS TO MANAGE PERFORMANCE BASED REVENUE As stated previously, the core principle in the new Standard requires that an entity recognize revenue to depict the transfer of goods or services to a customer in an amount that reflects the consideration given in exchange for those goods or services. Impact […]

PROJECT PARTNERS PROUDLY ACHIEVES PLATINUM PARTNER STATUS IN ORACLE PARTNERNETWORK (OPN) HALF MOON BAY, Calif., January 16, 2019 – Project Partners, a global leader in optimizing business processes and IT investments within project-driven organizations, today announced that it has achieved Platinum partner status in Oracle PartnerNetwork (OPN).  By attaining Platinum level membership, Oracle has recognized […]

_________________________________________________________________________________________________________  Project Partners Blog Author: Donna Dignam | Principal Functional Consultant  ____________________________________________________________________________________________________________________ In April 2015, FASB (Financial Accounting Standards Board) issued ASU (Accounting Standards Update) 2015-05 to assist entities to determine when a customer in a cloud computing arrangement “CCA” (i.e. hosting arrangement) included a software license. If a CCA includes a license to internal […]

Author: Wendy Lamar | Managing Principal Consultant | Project Partners Oracle E-Business Suite R12 Project Certified Implementation Specialist

Through this three (3) part educational web-series, Project Partners will arm you with critical steps and insight into a Project Financials cost-effective solution. This unique solution offering will assist administratively burdened organizations like yours to effectively manage Project Financials around Capital spend through all phases of the Capital Lifecycle (Concept Definition, Funding Approvals, Execution, Reporting, […]

By Ravi Shankar, PgMP, PMP, PMI-RMP and PMI-SP Oracle E-Business Suite (EBS) Projects Applications Release 12 provides rich functionality to support multi currency processing capabilities in the areas of accruing revenue and generating invoices.  Revenue is always processed in the project functional currency, as distinct from the project currency and project funding currency.  Revenue amounts […]

One of the biggest challenges that Project Managers (PMs) face in managing a project is weeding out mischarges to their projects. This issue is particularly aggravated in the following industries: Construction industry:  Due to very thin margins on project work, any mischarges if not controlled and quickly reversed can wipe out the margins for the […]