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Advanced Revenue Management - purpose of carve-out?

edited Dec 23, 2019 10:48PM in Accounting / ERP 1 comment

I've been playing around with the Advanced Revenue Management - I have a pretty decent grasp of how things flow and how they are calculated and done in NetSuite.

However, I'm having an issue trying to understand why a carve-out (the amount shown in "Total Carve-Out " in the Revenue Arrangement page) is calculated to begin with - what purpose does this serve?  What in ASC 606 requires this to occur?  Sorry if it's a basic question, but as I'm not a CPA, I'm having trouble grasping conceptually why this figure is calculated and the purpose it serves.

I appreciate any help on this!

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