Billing and Revenue Backout (BR140)

Run Billing and Revenue Backout (BR140) to cancel billing and reverse revenue at the activity level. Billing and Revenue Backout (BR140) creates a credit memo to cancel billing, reverses revenue, and creates AC and GL entries to reflect that the billing and revenue were reversed for the activity.

If BR140 is run for a Contract activity that is also an award activity with cost share information (defined on GM01.2), and invoicing has occurred, BR140 will clear the cost share invoice and amount fields for the activity. If the eligible billing amounts are later re-billed, the cost share amounts are recalculated at that time, and will print on the new custom invoice as a Current cost share amount rather than a Life amount.