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IMPORT ADDITIONAL SATISFACTION EVENTS FOR PERIOD-BASED REVENUE CONTRACTS

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edited Jan 29, 2020 12:40PM in Revenue Management 1 comment

Summary

We require Subline Type Code for Period Based Contracts

Content

  • Hi Team,
  • We are working On a period based contract and want to imply the following scenario, but we are facing errors, 
  1. Period satisfaction event action type – This is a required attribute for the subline type code Period. Valid values are Reverse and Reinstate. Reverse indicates that revenue recognition is put on hold; Reinstate indicates that revenue recognition has resumed.
  2. Period satisfaction event effective date – Indicates the effective date for the period satisfaction event action. The Create Satisfaction Events process creates satisfaction events from this date. If the satisfaction event action type is Reverse it creates negative satisfaction events that result in a reversal of revenue recognition; if the satisfaction event action type is Reinstate it creates positive satisfaction events that result in revenue recognition being resumed.

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