Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
NSC | Revenue Recognition Method: Straight-line, by even periods
When Straight-line, by even periods is used as a Revenue Recognition Method all Revenue to be recognized is spread evenly for the periods covered from the Rev Rec Start Date to End Date.
Here is an example:
Amount: $10,000.00
Start Date: January 29, 2022
End Date: April 20, 2022
1.) Count all Periods from Rev Rec Start Date to End Date
2.) Divide Revenue Amount by the total number of periods
Revenue Amount per period will be equal.
You can also refer to below SuiteAnswer article:
I hope this helps!
Patrick Fresnosa | Advanced Accounting | SRP | Ask a Guru
1
