We'd love to hear from you! Provide  feedback  to earn a badge today. Take our quick survey


Check out Oracle NetSuite upcoming events and conferences here
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now!
We’re ringing the bell so you know what that means… LAST CALL! This is your last week to register for #SuiteWorld at our early bird special rate and save $300. Join us for our biggest event of the year and learn more about how your business can get the most out of our system. https://lnkd.in/enaAr8p8
Release 2022.2 is Coming! – Get Ready with your Release Preview Account
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.

Revenue Recognition Method: Straight-line, prorate first & last period (period-rate)

edited Jun 3, 2022 5:21PM in Accounting / ERP

When Straight-line, prorate first & last period (period-rate), even amounts are allocated to the in between periods while the first and final periods based on the number of days are prorated. Here is an example of an allocation Revenue Plan with $10,000 revenue amount.


Amount: $10,000.00 

Start Date: February 11, 2022

End Date: May 27, 2022

1. Divide the number of revenue days days (days within the start and end date) over the number of days in that month.

2. Add all the rates computed in (1).

3. Divide the Transaction total to the sum computed in (2).

4. Multiply the amount computed in (3) to the rates computed in step (1) to know the corresponding amounts to allocate for the periods.

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!


This Week's Leaders

This Month's Leaders

All Time Leaders