Date Filters Support for Incurred Vs. Forecast Revenue Recognition Transactions

Include only the approved time entries, approved expenses and fulfilled purchase items for the date range specified in the dates filter when running revenue recognition and generating revenue recognition transactions using 'incurred vs. forecast' recognition rules. By default (when the feature is not enabled), SuiteProjects Pro ignores the dates filter for 'incurred vs. forecast' recognition rules.

You can use this feature, for example, if you run revenue recognitions for the previous month (for example, November) a few days into the current month (for example, December 6) and you only want to include approved time entries, approved expenses and fulfilled purchase items for the previous month (for example, November 1–30) in revenue recognition transactions generated using 'incurred vs. forecast' recognition rules.

• With this feature enabled, only the approved time entries, approved expenses and fulfilled purchase items entries up to and including the end date (for example, November 30) specified in the dates filter are included in revenue recognition transactions generated using 'incurred vs. forecast' recognition rules.

• If the feature is not enabled, revenue recognition transactions generated using 'incurred vs. forecast' recognition rules include all approved time entries, approved expenses and fulfilled purchase items up to and including the date you run the revenue recognition (for example, December 6) regardless of the date range specified in the dates filter. This may include not only approved time entries, approved expenses and fulfilled purchase items for the previous month (for example, November) but also for the current month up to the date you run the revenue recognition (for example, December 6).

To enable this feature, contact SuiteProjects Pro Support.