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NSC | Create And Maintain Revenue Element Upon Closed Order = F in Closed Sales Order w/Partial Bill

edited Jun 2, 2025 2:44PM in Accounting / ERP

Scenario

User has the following transactions:

Sales Order

Quantity: 2

Amount = $2,000

Invoice

Quantity: 1

Amount: $1,000

The Sales Order was subsequently closed after the Invoicing of the 1 item:

User also had the following preference:

Create Revenue Plans On for the item = Revenue Arrangement Creation (Revenue plans can be created when the revenue arrangement is created)

Create And Maintain Revenue Element Upon Closed Order = FALSE

Results

After updating the Revenue Arrangement and Plans:

The Revenue Plan Amount is changed to $1,000

Explanation:


When the "Create And Maintain Revenue Element Upon Closed Order" setting is set to "False" during the creation of both the sales order and invoice, the Total Revenue Amount on the Revenue Arrangement page will be equal to the amount of the invoice.

Patrick Fresnosa | Advanced Accounting | SRP | Ask a Guru

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