How Do I Back Out Billing and Revenue Transactions?

You can back out billing and revenue transactions for an activity using Billing and Revenue Backout (BR140). Billing and Revenue Backout (BR140) creates a credit memo for the existing billing amount, reverses revenue for the activity, and creates GL and AC entries for the revenue reversal, and sets the Billed and Revenue flags to "N" for the activity transactions. In effect, Billing and Revenue Backout (BR140) returns activity transactions to the state they were in before Invoice Calculation (BR120) and Revenue Calculation (BR130) were run.

You would most likely run Billing and Revenue Backout (BR140) prior to reorganizing your activity structure using Level Reorganization (AC120). However, it can be used to backout billing and revenue transactions for any reason.

Processing Billing and Revenue After Backout

In many cases, you will need to create new billing and revenue transactions after running Billing and Revenue Backout (BR140). To do this, it is not necessary to re-run Activity Posting (AC190), but you may need to run Billing and Revenue Recalculation (BR190) to recalculate the billing and revenue amounts before creating billing and revenue transactions. For example, if an account category that was not billable in the previous activity structure is now billable, you must recalculate billing and revenue amounts using BR190.

After running BR190 (if necessary), create new billing and revenue transactions by running Invoice Calculation (BR120) and Revenue Calculation (BR130).