Managing the Revenue Process in PeopleSoft Contracts

You can view revenue that has been recognized to date and pending revenue recognition for any cross-section of your PeopleSoft Contracts system. This table lists the actions you might perform when managing revenue and the pages on which you perform each action:

Revenue Management Action	Revenue Recognition Method	Page Name
Put the entire revenue plan on hold to freeze revenue recognition for all events within that revenue plan.	All	Revenue Plan
Change a revenue plan event status to Ready to enable revenue recognition for that event.	All	Review Revenue - Events
Change the accounting distribution of an amount-based contract line for future revenue entries.	Apportionment Milestone Percent Complete	Accounting Distribution
Change the accounting distribution of a rate-based contract line for future revenue entries.	As-Incurred	Accounting Rules
Reverse revenue already recognized for a revenue plan.	Apportionment Milestone Percent Complete	Review Revenue - Plans
Reverse revenue already recognized for a revenue plan event.	Apportionment Milestone Note: For Percent Complete, enter a smaller total percent complete to calculate a negative incremental percent event.	Review Revenue - Events
Reverse amount-based revenue already recognized for an entire contract.	Apportionment Milestone Percent Complete	Contract Reversal
Change the accounting distribution for amount-based revenue already recognized (redistribute revenue).	Apportionment Milestone Percent Complete	Redistribute Fixed Fee
Change the accounting distribution for rate-based revenue already recognized (redistribute revenue).	As-Incurred	Redistribute As Incurred
Define or change event conditions, schedule, or amounts to be recognized for a specific event.	All	Revenue Plan
Reassign contract lines from one revenue plan to another revenue plan.	Apportionment Milestone Percent Complete	Reverse revenue recognized from the Review Revenue - Plans page (the revenue plan must be cancelled). Unassign the contract line from its current revenue plan on the Assign Rev Rec Plan - Accounting Plan page. Assign the contract line to a new revenue plan on the Assign Rev Rec Plan - Accounting Plan page.
Cancel a revenue plan.	All	Revenue Plan