Revenue Commitments Process

Important:

The functions discussed in this topic require the Revenue Commitments feature to be enabled.

Use the following process for recognizing revenue using revenue commitments.

Note:

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.

• Create sales orders for revenue commitments – see Creating Sales Orders

• Create revenue commitments – see Creating Revenue Commitments

• Create revenue recognition journal entries – see Creating Revenue Recognition Journal Entries

• Reclassify revenue for revenue commitments – see Reclassifying Deferred Revenue for Revenue Commitments

• 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

General Notices