Releasing Revenue from Restrictions

To see the revenue that can be released from restrictions, run the Restricted Revenue by Program report.

Once a year, run the Release from Time Restriction report to see how much revenue can be released in the current fiscal year. Create a Release from Restriction transaction for the amount.

After the donor-imposed restrictions have been met, release the revenue from its restriction.

To release revenue from restrictions:

Go to NFP Financial Center > Financial > Restriction Release Transaction > New.

NetSuite displays the Release from Restriction page.
On the Lines subtab, enter the details for the release. Add one credit line and one debit line.

The columns that appear are based upon your custom segments and the permissions set for your user role.
1. In the Account field, select a Release from Restriction account. Use the same account for both debit and credit lines.
  
  To tag an account as a Release from Restriction account, go to the Edit Account page, and then select Release from Restriction from the Applies To list.
2. In the Memo field, enter a memo to help you recognize this released fund.
3. Enter the Debit or Credit amount for the line.
4. Complete any of the following custom segment fields:
  - Restriction – For the credit line, select Without Donor Restrictions. For the debit line, select With Donor Restrictions.
  - Grant – Select the associated grant. Use the same value for both debit and credit lines.
  - Program – Select the program that identified the purpose of the restriction. Use the same value for both debit and credit lines.
  - Region – Select the associated region. Use the same value for both debit and credit lines.
  - Time Restriction – Select the fiscal year for the revenue. Use the same value for both debit and credit lines.
5. Click Add.
6. Repeat these steps for each line item.
Click Save.

To release revenue from restrictions:

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