The Accounts Receivable guide has been updated to include a new applications that enables users to schedule portions of an invoice for revenue recognition on specified dates.

  • Using a Schedule to Recognize Revenue (Release 9.2 Additional Update)

 

You can use a schedule to recognize specified portions of revenue on a pay item on different dates. When you create a schedule on a G/L distribution line on an invoice, you can:

  • Automatically split the remaining amount across a specified number of periods.
  • Manually enter schedule records.
  • Use a combination of these methods.

 

For example, you can automatically split the remaining amounts across a specified number of periods, and then manually update those records to reflect the distribution schedule you want to use. Alternatively, you can manually enter a record in the grid, and then split what is left of the remaining amount across a specified number of periods.

 

The new enhancement are also documented in the JD Edwards EnterpriseOne Accounts Receivable guides: