Setting Up the Revenue Recognition Constant

Before you can send invoices to the revenue recognition process, you must set up the revenue recognition constant. You can set up the revenue recognition constant to:

• Enable revenue recognition for all companies.

• Disable revenue recognition for all companies.

• Enable revenue recognition by company.

Use the Invoice Revenue Recognition Constants program (P03B216) to specify which companies can send invoices to the revenue recognition process. If your organization has multiple companies and some companies do not use the revenue recognition process, you can choose to activate this constant for each company that uses revenue recognition.