Creating an Item Group VSOE Bundle

To sell vendor-specific objective evidence (VSOE) item group bundles, create an item group record to identify the members of the bundle.

Note:

If you include an item group VSOE bundle in a transaction VSOE bundle, allocation ignores the item group settings and allocates across the entire transaction.

To set up a bundled item group record:

1. Go to Lists > Accounting > Items > New.

2. Click Item Group.

3. On the Revenue Recognition / Amortization subtab, check the Is VSOE Bundle box.

4. Click the Purchasing/Inventory subtab.

5. In the Item field, select the first item that is a member of this bundle.

   The VSOE settings from this member's item record appear, such as discount, deferral, and delivery settings. These settings can be changed, if needed.

6. Click Add.

7. In the Item field, select and add all member items to complete this bundle.

   VSOE bundles must contain at least two members.

8. Complete other fields on the item record as necessary.

9. Click Save.

Now, these members are identified as a group bundle. When this item group is sold, the VSOE prices are allocated and deferred according to the VSOE settings for its member items. See Recognizing Revenue for VSOE Bundles.

Related Topics

Using the VSOE Feature

Using Revenue Recognition

Creating VSOE Bundles

Creating a Transaction VSOE Bundle

Recognizing Revenue for VSOE Bundles

General Notices