Association of Billing and Revenue Management with other applications

Application interface: How Billing and Revenue Management interface with other applications
Note: Before you can set up the Billing and Revenue Management application, you must set up your Lawson General Ledger application and define your Accounts Receivable customers for invoicing. In the Currency application, define your company's base currency. Additional currency setup is required for multiple currency exchange and translation.

These are the ways in which Lawson applications interface with the Billing and Revenue Management application:

General Ledger

  • Captures detail costs in Project Accounting and summarizes detail in the General Ledger application

  • Receives capitalization and activity journal entries

  • Allows for system control between the General Ledger and Project Accounting applications to keep them in balance

Accounts Receivable

  • Receives transactions from invoices created in Billing and Revenue Management

  • Stores customer and collection information for use in Project Accounting and Billing and Revenue Management

Project Accounting

  • Permits the setup of the activity structure (activity groups, activities, account categories, resources, and burdens) for use by the Billing and Revenue Management application

  • Data flows through Project Accounting to Billing and Revenue Management

Currency

  • Obtains currency exchange rates used in converting transaction and account currencies to the company base currency and optionally, the company's additional reporting currencies

  • Uses currency exchange rate tables to convert nonbase transaction amounts upon entry

  • Uses currency exchange rate tables to reconvert (revalue) transaction amounts when processing a payment or when a payment is still pending at the end of a period

  • Calculates currency gains or losses incurred as a result of revaluation and post the amounts to the General Ledger gain and loss accounts

Attribute Matrix

  • Tracks custom information in activities

  • Provides a method by which to select activities in processing and reporting

Accounts Payable

  • Updates Project Accounting with released invoice amounts

  • Stores vendor information used for resource assignment in Project Accounting

Payroll

  • Interfaces payroll amounts for commitments and actuals in Project Accounting

  • Interfaces labor hours for allocation, billing, and/or commitments in Project Accounting and Billing and Revenue Management

  • Stores employee information used for resource assignment in Project Accounting and Billing and Revenue Management

Asset Management

  • Receives asset information for capitalization from Project Accounting

  • Posts asset costs and related depreciation to Project Accounting