Deferred Revenue Rollforward Summary Report
This topic is for the Advanced Revenue Management report. For the classic revenue recognition context, see Deferred Revenue Rollforward Summary. The topics are similar, but the related reports are different.
The Deferred Revenue Rollforward Summary report includes the following columns:
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Deferred Revenue Account – All deferred revenue accounts are included. The deferred revenue account is derived either from the item record or from the deferral account specified on the revenue account record. In the summary report, you can click through from this column to the deferred revenue register report.
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Beginning Balance – The total in this column ties to the deferred revenue balance on the balance sheet at the end of the previous period.
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New Transactions – This column includes new invoices, credit memos, cash sales, and cash refunds posted to the deferred revenue account during the selected date range.
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Adjustments – Adjustments include debits and credits to the deferred revenue balance that do not impact revenue accounts. This includes deferred revenue reclassification journal entries. Adjustments also include manual journal entries from deferred revenue to revenue.
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Revenue – This column is the amount posted to revenue accounts as revenue is recognized during the selected date range. It includes system-generated revenue recognition journal entries and foreign currency revaluation entries generated from deferred revenue reclassification. It also includes manual journal entries that debit or credit revenue. The total in this column ties to the income statement revenue balance for the same date range.
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Variance – This column includes foreign currency gain and loss adjustments from the second step of the reclassification process. If you select a consolidated subsidiary context in OneWorld instead of the intended individual subsidiary context, the value is different. In a consolidated context, the variance is calculated as equal to Ending Balance – (Beginning Balance + New Transactions + Adjustments + Revenue).
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Ending Balance – This is the deferred revenue balance. It ties to the deferred revenue balance on the balance sheet for the same period.
An unlabeled line in this report includes transactions with items that do not have an associated deferred revenue account.
To view this report:
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Go to Revenue > Revenue Reports > Deferred Revenue Rollforward.
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Adjust the values for Date, To, and From.
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Select a single subsidiary value (not consolidated) in the Subsidiary Context filter if you have a OneWorld account and access to multiple subsidiaries. When you run a consolidated report, the calculation of the Variance column is different.
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Select a value in the Accounting Book filter if you are using Multi-Book Accounting and have access to multiple accounting books.
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Click Refresh to apply your filters.