Looking for an overview and explanation of different Proration Types in Multi Period Accounting (MPA) feature in R12?
Multi Period Accounting (MPA) enables users to create accounting for a single accounting event for more than one GL period. This functionality is primarily used to recognize revenue or a prepaid expense across multiple GL periods.
Within Multi Period Accounting, application provides different ways to Prorate the amounts.
- First Period
- Days In Period
- Total Days In (more...)