Discussions

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! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Don't miss out on our Question of the week! You only have until tomorrow, April 18, 2024, 2 PM EST to comment your answers and earn rewards! Click here for more details.
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
Community Poll: What sort of content would you like to see more of?

How to change Revenue Recognition Rules in In Progress Revenue Arrangement?

edited Nov 3, 2022 9:40PM in Ask A Guru 6 comments

Hello Gurus!

If a rule is used in a project-based rev rec scenario and if the rule has "update past for changes" and now we want to "update future periods only", what is the best way to handle this rule change?

Below is the approach I can think of. Any other approacheds?

Scenario 1: Delete previous JEs, delete Plan, update the rule in Revenue Arrangement, Update Plan, rerun JEs for previous months.


Thanks!

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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

Leaderboard

Community Whiz

Quarter 1 (Jan-Mar 2024)

This Week's Leaders

This Month's Leaders

All Time Leaders