Editing an Advanced Revenue Recognition Journal Entry
You may edit journal entries created from revenue recognition plans. These changes do not alter the revenue recognition plan. Journal entries that you edit remain linked to the revenue recognition plan that generated the original entry.
For information about the required permissions, see Month-End Revenue Processing.
Some edits, however, could introduce inaccuracies in the revenue recognition reports. For this reason, you cannot change accounts, amounts, segments, or subsidiaries on revenue recognition journals.
To correct values for read-only fields of revenue recognition journal entries, you should create a journal entry at each month end to adjust balances. These balances are easier to track and do not affect the revenue recognition reports.
To edit a journal entry created from the revenue recognition plan:
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Go to Revenue > Revenue Recognition Journal Entries > Schedule Revenue Recognition Journal Entries > Status.
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Adjust the filters on the Process Status page as needed to display the journal entry that you want to edit.
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Click the link in the Submission Status column to open the Journal Entries Created from Revenue Recognition Plans page.
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Click the link in the Journal column to display the journal entry record.
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Click Edit to open the record for editing.
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Make the needed changes in the editable fields, and click Save.