Revenue Commitments Process
The functions discussed in this topic require the Revenue Commitments feature to be enabled.
Use the following process for recognizing revenue using revenue commitments.
Reclassification of deferred revenue at the order level was introduced with Version 2012, Release 2 and expanded to include line level deferred revenue reclassification with Version 2013 Release 2.
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Create sales orders for revenue commitments – see Creating Sales Orders
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Create revenue commitments – see Creating Revenue Commitments
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Create revenue recognition journal entries – see Creating Revenue Recognition Journal Entries
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Reclassify revenue for revenue commitments – see Reclassifying Deferred Revenue for Revenue Commitments
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View revenue recognition reports – see Revenue Reclassification Reports
Related Topics
- Using Revenue Commitments
- Setting Up the Revenue Commitments Feature
- Advanced Revenue Commitments Overview
- Creating Revenue Commitments
- Creating Revenue Recognition Journal Entries
- Reclassifying Deferred Revenue for Revenue Commitments
- Creating Revenue Commitment Reversals
- Revenue Commitment Examples
- Revenue Reclassification Reports