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New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Update: Narrative Insights has been restored and is now available.
Narrative Insights is Temporarily Unavailable due to an Infrastructure Issue. Learn how This Impacts Your Account and What to Expect While the Feature is Disabled.
Narrative Insights is Temporarily Unavailable due to an Infrastructure Issue. Learn how This Impacts Your Account and What to Expect While the Feature is Disabled.
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!
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