Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
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!
Fair Value allocation - subscriptions and invoices
Hi,
We want to allocate fair value using multiple sources.
Source 1 - subscriptions with non-inventory for sale items, revenue rule is default standard (posting to deferred revenue).
Source 2 - invoices (from projects, but as standalone invoices since we are not using projects fully and just creating a project shell). Invoice items are also non inventory for sale, but revenue rule is when delivered (posting to direct revenue).
These are two separate records but relate to the same customer but both make up the entire contract. We have done some testing on subscriptions for FV allocation, however, not able to see any FV price allocated for Source 2.
Tagged:
0