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How to stop creating Unbilled Receivable adjustments for Migration Records (Subscriptions)
We have a large number of Subscriptions migrated from previous system, that need to continue to recognize revenue in NS, but they were billed in the previous system and should not be billed in NS. However, Unbilled Receivable Adjustments are posted during Revenue Reclassification process due to not having the Customer…
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Unbilled Receivable Adjustment and its reversal
Hi, We have noticed that in NS ARM, when Revenue Reclassification JEs are booked during Month end and Unbilled Receivable Adjustment is booked in the system for a specific period, sometimes it is reversed in the next period and for some Revenue Arrangements, it is reversed together for two periods at a time. For example:…
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Advanced Revenue Management: Unbilled Receivable Adjustment Debit entries are not posting
When we run the reclassification journal entries for February 2022 through the Advanced Revenue Management system (ARM), the "Reversal of Prior Debit Unbilled Receivable Adjustment" entries are posting, but we're not seeing any "Unbilled Receivable Adjustment Debit" entries posting. So, in summary, the ARM is reversing…