Fair Value Formula
A fair value formula record exposes a fair value formula to REST web services.
Fair value formulas are used in the fair value price list and on item revenue category records. The formulas appear in a dropdown list on those records.
To access this record in NetSuite, go to Setup > Accounting > Revenue > Fair Value Formulas > New.
This record:
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isn't a subrecord
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contains no subrecords
For more information about the fair value formula record and working with it in the UI, see Adding Fair Value Formulas.
For information about using the REST API Browser, see The REST API Browser.
Record ID
The record ID for a fair value formula REST record is fairvalueformula.
Prerequisites
The fair value formula record is available only when the Advanced Revenue Management (Revenue Allocation) feature is enabled. For more information, see Enabling the Advanced Revenue Management (Revenue Allocation) Feature.
Code Sample
The following code sample shows how to create a fair value formula through REST web services.
POST {{REST_SERVICES}}/services/rest/record/v1/fairvalueformula
{
"name": "Formula 1",
"externalId":"3",
"isInactive":"F",
"fairValueFormula": "{fairvalue}"
}