A customer is billed using deliverable billing events, which are currently approved by the customer and the finance director before invoicing. There…

The Automatic Invoice Approve/Release Extension allows you to release invoices automatically as

part of the Generate Draft Invoice process.

Incorrect:

Not E:

Generating Revenue Accounting Events

After you generate and release the revenue, you run the concurrent program PRC: Generate Revenue

Accounting Events. The concurrent program determines default unearned revenue and unbilled

receivables accounts using AutoAccounting and generates accounting events for Oracle Subledger

Accounting.

Note: If you set the profile option PA: Interface Unreleased Revenue to GL to yes, then Oracle

Projects automatically releases any unreleased revenue when you run the concurrent program PRC:

Generate Revenue Accounting Events.

Reference: Oracle Project Billing User Guide, Releasing Invoices