1. Real Estate Management Implementation Guide
  2. Considerations for Straight-line Rent and Revenue Recognition Processing (Release 9.2 Update)

Considerations for Straight-line Rent and Revenue Recognition Processing (Release 9.2 Update)

Some billing transactions that are generated through the Real Estate Management system will require straight-line rent processing. Others will require revenue recognition processing. Typically, you use bill code values to identify these different types of transactions.

To determine which billing transactions are sent through revenue recognition processing, you set up a trigger hierarchy. When defining your trigger hierarchy and Real Estate Management system setup, be aware of the following:

  • A transaction should not be included in both straight-line rent and revenue recognition processing.

  • You must define your trigger configuration to ensure that transactions that should be processed through straight-line rent are excluded from the revenue recognition process.

  • If an invoice contains both straight-line rent transactions and revenue recognition transactions, the entire invoice is sent through revenue recognition processing. Therefore, be sure that you do not include both types of transactions on a single invoice.

  • You can identify transactions that will be included in revenue recognition processing by running the Billing Edit/Register report (R15300). Review this report carefully before posting invoices to ensure that transactions are not included in both processes.

See Setting Up Revenue Recognition Triggers for Real Estate Management in the JD Edwards EnterpriseOne Applications Accounts Receivable Implementation Guide.