1. Accounts Receivable Implementation Guide
  2. Setting Up Revenue Recognition Trigger Configuration for Service Billing Lines

Setting Up Revenue Recognition Trigger Configuration for Service Billing Lines

Navigate to the Enter Service Billing Trigger Configuration form.

Use this form to maintain the lines that the system reviews when determining if the service billing line needs to go to the revenue recognition process. The system searches for records from the most specific to the least specific by company. You can set up a record to address a specific situation. For example, shipping to a certain customer in a certain country in which you want to exclude those invoices from revenue recognition while all other customers with the same country are included in revenue recognition.

If you leave the Effective Date From field blank, the system uses today's date as default.

Note: For ease of maintenance, you can customize the grid so that it only shows the fields in the order that they are defined in the hierarchy.
Revenue Recognition Inclusion

Use this check box to specify if the system includes an invoice in the revenue recognition process.

If you leave this check box blank, the system does not include the invoice in the revenue recognition process.

If you select this check box, the system includes this invoice in the revenue recognition process.

Days From Configured Date

Enter the number of days the system adds to the date in the Calculation From Date field on the Service Billing Trigger Date form to calculate the eligible for recognition date. The system displays the Eligible for Recognition Date field on the Work with Invoice Revenue Recognition form in the Revenue Recognition program (P03B116).

Same Period Inclusion

Use this check box to specify how the system processes invoices in the same period.

If you leave this check box blank, the system does not send an invoice to the revenue recognition process if:

  • The Eligible for Recognition Date and the Period Comparison Date are in the same period.

  • The Eligible for Recognition Date is in the previous period as the Period Comparison Date.

If you select this check box, the system does not compare the periods of the Eligible for Recognition Date and the Period Comparison Date for the invoice. The system automatically sends the invoice to the revenue recognition process.