Revenue Allocation in Multi-Book Accounting
Please contact your sales or account representative to find out how to get the Full Multi-Book Accounting feature. The assistance of NetSuite Professional Services or a Multi-Book authorized partner is required to implement this feature. You should consider contacting NetSuite Professional Services or a Multi-Book authorized partner for assistance in setting up the Adjustment-Only Books feature, even though it is not required.
Multi-Book Accounting, including the Adjustment-Only Books feature, is available only in NetSuite OneWorld.
This topic provides information specific to the NetSuite legacy revenue recognition features. For information applicable to advanced revenue management (revenue allocation), see Book Specific Revenue Allocation.
To enable book-specific revenue allocation for secondary books, the Transaction is VSOE Bundle box is included on the Accounting Books subtab of sales orders and invoices. For the primary book, the box is on the Accounting subtab.
To have different revenue allocation results per book, use revenue commitment as the placeholder for book-specific revenue allocation values. Then use the NetSuite VSOE logic, the EIFT-8–01 SuiteApp, or a custom solution to populate the VSOE field group on the book-specific revenue commitment records.
On a sales order or invoice, the VSOE column on the Items subtab is for the primary book. It also determines the default revenue allocation values for later revenue commitment transactions for all accounting books with revenue commitment enabled. However, the default values can be overridden on secondary books when the revenue commitments are generated.