In part 2 of this blog series, our Certified Public Accountant experts dive into how to use Oracle Projects with the latest revenue recognition rules for project-centric organizations. We review the Impact on the Balance Sheet and Income Statement, Perform Wok and Record Delivery, Contract Modifications, and more:

In part 1 of this blog series, our Certified Public Accountant experts dive into how to use Oracle Projects with the latest revenue recognition rules for project-centric organizations. We recap and highlight the most current changes for compliance issued in May 2014 issued by FASB and IASB:

In this blog, our Cloud migration experts discuss why migrating your on-prem Oracle Primavera P6 EPPM solution to the Cloud enables increased productivity, accelerates business performances, and provides a lower cost of ownership across project-driven organizations:

The amendments provided by FASB and ASU for public and private project-driven organizations implementing the Cloud will be going into effect. From our Certified Public Accountant experts, learn how these changes will impact your organization and when these changes should be implemented:

Many project-driven organizations will want to account for the Burden portion of the Total Burdened Cost amount separately from the Raw Cost Amount basis. However, they choose to implement Total Burdened Costing instead of Burden as a Separate Expenditure Item. SLAs Explained:

This blog will discuss the functionality and execution discipline of an integrated business application solution. This is the first blog in a series by Project Partners LLC, in which we will delve deeper into “How to Unlock and Maximize the Value” of each functional area of the services business lifecycle:

To conclude the discussion outlined in Blog Step 5, our experts discuss the methods of measuring progress so that outcome is accurately recorded and provide case studies for the various methods of progress measurement delivered in Oracle Projects:

This step 5 of this blog series, our experts examine the impacts of ASC 606, Revenue from Contracts with Customers, and introduce the use of Oracle Projects to facilitate compliance with the new revenue recognition standards and five-step process:

Allocate Variable Consideration and Volume Discounts. In step 4 of this blog series, our experts outline how to use Oracle EBS Projects to complete Step 4 and allocate the transaction price across obligations for each of the three service contracts discussed:

Part 3 of this blog series continues our discussion on the impacts of the new ASC 606 revenue recognition standard issued by FASB and IASB and reviews the third step in the five-step model for recognizing revenue from contracts with customers. Read about determining the transaction price: