Revenue Reclassification Summary Report
The functions discussed in this topic require the Revenue Commitments feature to be enabled.
This report applies only if line level deferred revenue reclassification is not enabled for your account. This report is not available with the Advanced Revenue Management (Essentials) and Advanced Revenue Management (Revenue Allocation) features.
Use this report to provide an audit trail at month end of the revenue reclassification and foreign currency adjustment journal entries that occurred for a time period. The report shows the accumulated billing and revenue recognition amount for each transaction line on a sales order. These transaction events are the source of revenue reclassification and currency adjustment journal entries created. Use this report to see how the journal entries were created based on the accumulated revenue recognition and billing amounts.
The report includes the following columns:
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Sales Order – grouped by customer and transaction lines for each order
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Transaction Type
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Transaction Currency
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Transaction Date
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Billing (Trans Currency) – the accumulated billing amount as of the date selected for the report
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Billing (Base Currency)
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Rev Rec (Transaction Currency) – the accumulated revenue amount as of the date selected for the report
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Rev Rec (Base Currency)
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Unbilled Receivables Amount (Base Currency)
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Deferred Revenue Amount (Base Currency
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Revenue Posting Amount (Base Currency)
You can customize the report to include additional columns such as Total Committed Amount Base Currency, Total Committed Amount Transaction Currency, Deferred Revenue Account, Revenue Reclassification Account.
This report does not support reporting by period even when the Report by Period preference is set to All Reports. The Report by Period preference can be configured at Home > Set Preferences, the Analytics subtab.
To view the Revenue Reclassification Summary
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Go to Reports > Revenue >Revenue Reclassification.
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Select More to expand the footer.
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For the Date, From, and To fields, select a date range that includes the date of the sale order or sales orders you want to run the report for. This is the date the sales order was created. For example, to view revenue reclassification activity for a sales ordered dated 6/15/2012, you must enter a date range that includes 6/15/2012.
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For the As of date, select the ending period date to run the report for. The report returns the revenue reclassification activity through this date. For example, if you select As of 06/30/2012, the report shows revenue reclassification activity for the selected sales orders through 6/30/2012. If you enter 10/31/2012, the report shows activity from the sales order date through 10/31/2012.
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Select a subsidiary in the Subsidiary Context field.
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Click Refresh.