How does Direct Revenue Posting works?
Tag: arm
Approval process flow: Revenue Arrangement
If we enable the approval routing revenue recognition & reclassification journal entries cannot be generated until the revenue arrangement is approved. Go to Setup> Accounting> Accounting Preferences > Approval routings Accounting Preferences. On the Approval Routing subtab, check the Revenue Arrangements box Approval Status – The default is Pending Approval. The other options are Approved… Continue reading Approval process flow: Revenue Arrangement
Advanced Revenue Management: Rev Rec Start Date and End Date on Sales Transactions
This articel shows how to map the Revenue Recognition Start Date and End Date manually in their Sales Order/Invoice lines.