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Rev Rec & VSOE training available now!
Five self-paced training lessons on NetSuite’s revenue recognition capabilities are available in NetSuite Central now:
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[*]Introduction to Revenue Recognition provides a features and functionality overview
[*]Revenue Recognition Templates shows how templates with defined schedules are used repeatedly in sales transactions
[*]Rev Rec Schedules and Creating Journal Entries examines how revenue recognition schedules project the journal entries to be posted over time after the sale of certain items
[*]Revenue Commitment demonstrates how to recognize revenue prior to invoicing or how to use a revenue commitment transaction to recognize revenue from a single transaction instead of multiple invoices
[*]Vendor Specific Objective Evidence (VSOE)