ReceivablesRevenueContingency
The Receivables Revenue Contingency provides the details of the seeded and user-defined revenue contingency definitions. These contingencies represent conditions that must be satisfied before revenue can be recognized on a transaction. Each definition includes the type of contingency, the triggering event, and the resolution criteria. Revenue contingencies are used to enforce compliance with accounting standards by deferring revenue recognition until specific contractual or regulatory conditions are met. This helps ensure that revenue is recognized accurately and in accordance with the organization's revenue policies.
Business Views
** Available for extracting data- receivablesRevenueContingenciesExtract**
The Receivables Revenue Contingency provides the details of the seeded and user-defined revenue contingency definitions. These contingencies represent conditions that must be satisfied before revenue can be recognized on a transaction. Each definition includes the type of contingency, the triggering event, and the resolution criteria. Revenue contingencies are used to enforce compliance with accounting standards by deferring revenue recognition until specific contractual or regulatory conditions are met. This helps ensure that revenue is recognized accurately and in accordance with the organization's revenue policies.
Label, Plural Label
Revenue Contingencies, Revenue Contingencies
Data Source
Read-optimized data store
Fields
- comments (string)
Optional, free-text remarks or explanations related to a specific revenue deferral reason or revenue contingency definition. It provides additional context or business justification for the deferral setup beyond the standard fields.
Label
Comments
- contingencyId (int64)
Identifier of the revenue contingency.
Label
Contingency ID
Properties
- searchable
- sortable
- not nullable
- createdBy (string)
The user who created the record.
Label
Created By
Properties
- not nullable
- daysAfterOptionalRemovalEvent (big-decimal)
Number of days after which a revenue contingency automatically expires if the triggering event or resolution condition isn't fulfilled. This value is used to monitor and manage the lifecycle of a contingency applied to a transaction
Label
Days After Optional Removal Event
- description (string)
Description of the revenue contingency.
Label
Description
- endDate (date)
Date the revenue contingency becomes inactive.
Label
End Date
- name (string)
Name of the revenue contingency.
Label
Name
Properties
- not nullable
- startDate (date)
Date the revenue contingency record is enabled.
Label
Start Date
- timeCreated (date-time)
The date and time when the record was created.
Label
Creation Date
Properties
- not nullable
- timeUpdated (date-time)
The date and time when the record was last updated.
Label
Last Updated Date
Properties
- not nullable
- updatedBy (string)
The user who last updated the record.
Label
Last Updated By
Properties
- not nullable
Reference Object
- optionalRemovalEvent (ERPLookupCode)
Code that identifies a deferred revenue contingency based on an expiration date or period.
Business Object
ERPLookupCodeFields
- lookupCode (string)
The unique identifier of the Lookup Code.
Label
Lookup Code ID
Properties
- inherited
- searchable
- sortable
- not nullable
- lookupCode (string)
- primaryRemovalEvent (ERPLookupCode)
Code that identifies a deferred revenue contingency based on a receipt reversal.
Business Object
ERPLookupCodeFields
- lookupCode (string)
The unique identifier of the Lookup Code.
Label
Lookup Code ID
Properties
- inherited
- searchable
- sortable
- not nullable
- lookupCode (string)
- relatedRevenuePolicy (ERPLookupCode)
- setIdSet (SetIdSet)
The set is a logical group used for partitioning and sharing reference data across transactional entities, depending on the business context. The common set indicates that data isn't partitioned and is globally shared.
Business Object
SetIdSetFields
- setId (int64)
The unique identifier of the set ID set.
Label
Set ID
Properties
- searchable
- sortable
- not nullable
- setId (int64)
- comments (string)