Fair Value Formula can still be modified even after these were already used to calculate Revenue Amounts of existing Revenue Elements.
However, users need to ensure that the allocation process is re-triggered after the changes made in the Fair Value Formula. To re-trigger Revenue Allocation:
- Edit the Revenue Arrangement
- Unmark Compliant check box
- Click Save button
- Click Allocate button
To better demonstrate, refer to the following sections.
Scenario: A user with an Administrator role wants to edit their Fair Value Formula after finding out that the current one is incorrectly set. They have two items:
- PRRO_Item A - which is equal to 40% of the Total Selling Amount; AND
- PRRO_Item B - which is equal to 60% of the Total Selling Amount
He used these items in a Sales Order with a Total Selling Amount of 1,000.00.
On the Revenue Arrangement > Revenue Elements sub-tab > Allocation Detail sub-list, Revenue Amounts are computed as follows:
- PRRO_Item A - 400.00; AND
- PRRO_Item B - 600.00
The user wants to modify the Fair Value Formula as follows:
- PRRO_Item A - 50% of the Total Selling Amount; AND
- PRRO_Item B - 50% of the Total Selling Amount;
Hence, both items should have a Revenue Amount of 500.00.
RESOLUTION:
- Edit the Fair Value Formula
- Edit the Revenue Arrangement
- Unmark Compliant check box
- Click Save button
- Click Allocate button
Result: The Allocation Detail sub-list on the Revenue Arrangement now shows the correct Revenue Amounts based on the updated Fair Value Formula:
Hope this helps! :)
