Running the Revenue Recognition for Schedule Program (R03B1151) (Release 9.2 Additional Update)
When you run this program, set the Eligible for Recognition Thru Date processing option to determine which records will be processed. The system includes all records from the F03B115 table that have an Eligible for Recognition Date less than or equal to the date that you enter in this processing option.
You can run this report in proof mode to process validations and review the records that will be processed before running in final mode. Once records are processed in final mode, they no longer appear on the schedule.
If you have multiple pay items associated with a single G/L distribution line, when you run the R03B1151, the system will apply the amount of revenue to recognize starting with the first pay item that has an remaining amount, and will continue through the pay items in order until the specified amount of revenue is recognized.
For example, you might have 3 pay items, each with a remaining amount of $500 USD. If you attempt to recognize $800 USD, the system will apply $500 USD to the first pay item, and then apply $300 USD to the second pay item when you run the R03B1151.
Before you begin, set the processing options for this program.
From the Revenue Recognition Processing menu (G03B18), select Revenue Recognition for Schedule.