Date Filters Support for Incurred Vs. Forecast Revenue Recognition Transactions

Include only the approved time entries, approved expenses and fulfilled purchase items for the specified date range when generating revenue recognition transactions using '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.

• With this feature enabled, only the approved time entries, approved expenses and fulfilled purchase items entries up to and including the specified end date (for example, November 30) will be included in revenue recognition transactions.

• If the feature is not enabled, revenue recognition transactions 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). 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 OpenAir Customer Support