Book Specific Revenue Allocation

The Advanced Revenue Management (Revenue Allocation) feature must be enabled to create book specific revenue allocation. For more information, see Enabling the Advanced Revenue Management (Revenue Allocation) Feature.

Revenue allocation distributes the revenue from a multi-element contract across its elements in proportion to their calculated fair value amounts. To create book specific revenue allocation, use the Accounting Book field on the fair value price record and create book specific fair value prices. For more information, see Fair Value Setup and Advanced Revenue Management (Revenue Allocation).

Revenue elements that have the Allocation Type set to Exclude do not participate in allocation. The Allocation Type setting on the item record is the default for revenue elements for all accounting books. To change the allocation type for a specific accounting book, you must edit the revenue element line in the revenue arrangement for that accounting book.

Related Topics

Advanced Revenue Management and Multi-Book Accounting
Book Specific Accounting Preferences
Book Specific Revenue Arrangements, Elements, and Plans
Chart of Accounts Mapping for Reclassification

General Notices