Preview Revenue Page

Preview Revenue is a read-only page that provides a view of amount-based revenue recognition events and their corresponding accounting entries before they are processed. The Preview Revenue page displays your accounting entries for a specific revenue plan on a specific contract. In addition, the Preview Revenue page displays amendment accounting entries.

The system builds and updates the schedule automatically whenever changes are made that impact the revenue plan's accounting entries. Once a line is distributed from the schedule, it is marked as distributed. If the schedule is rebuilt, that line does not change.

The schedule is rebuilt when:

• A revenue plan status is changed to ready (due to a reversal of an event).

• A new effective dated accounting distribution is added.

• A new accounting date is entered for an event, which changes the accounting distribution.

• The accounting distribution is changed on the Accounting Distribution page.

• An event is deleted from the revenue plan.

Note:

If the revenue plan status is Action Required or Reversal In Progress, then the amounts on the Preview Revenue page are not up-to-date until the plan has been reviewed or processing is completed.