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Join us for complimentary one-day events around the world and step into a future fueled by AI and limitless potential. Explore new breakthroughs, sharpen your skills, and connect with experts who are shaping what’s next. Experience bold keynotes, interactive learning, and connections that span the global NetSuite community. Discover what's next at SuiteConnect Tour 2026.
NetSuite launches new wholesale distributions solution in Japan in January 2026!
NetSuite has launched SuiteSuccess Wholesale Distribution Edition, in Japan. Please join us the webinar on February 12 that introduces NetSuite solution with demos and case studies for Wholesale Industry.
Register Now
NetSuite has launched SuiteSuccess Wholesale Distribution Edition, in Japan. Please join us the webinar on February 12 that introduces NetSuite solution with demos and case studies for Wholesale Industry.
Register Now
NetSuite 2026.1 Release Notes - This document summarizes the changes to NetSuite between 2026.1 and the previous release.
Have questions or experiences to share? Post your Release 2026.1 questions and join discussions in the Release 2026.1 category.
Have questions or experiences to share? Post your Release 2026.1 questions and join discussions in the Release 2026.1 category.
NSC | Revenue Recognition Method: Straight-line, prorate first & last period (period-rate)
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.
Example:
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.
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