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Setting Up Revenue Recognition Trigger Configuration

Setting Up Revenue Recognition Trigger Configuration

Concept

Before you can send an invoice to the revenue recognition process, you must set up configuration records by company in the Invoice Trigger Configuration program (P03B424) or the Revenue Recognition Trigger Setup program (P03B420).

The system matches specific data from each transaction against the values in the trigger configuration records to determine whether it is included in the revenue recognition process. The system also checks the Days From Configured Date field on configuration record to determine how many days to use when calculating the eligible for recognition date.

Procedure

In this task, you will set up the revenue recognition trigger configuration for A/R invoices.

Step Action
Navigate to the Configuration Setup program (P03B424) on the Revenue Recognition menu (G03B412).

Click the Revenue Recognition menu.

Step Action
Click the Configuration Setup menu.

Use the Invoice Trigger Configuration form to review and select trigger configuration records for companies.

Step Action
Click in the Company field.

Enter the desired information into the Company field. Enter “1“.

Click the Find button.

You can set up different trigger configuration records for different document types.
Click the RI option.

Click the Select button.

Use the Enter Invoice Trigger Configuration form to set up revenue recognition trigger configuration for A/R invoices.
Use this form to maintain the records that the system reviews when determining if the pay item is sent to the revenue recognition process. The system searches for records from the most specific to the least specific by company.
In this example, there are three configuration records that the system reviews.

The first record indicates that any invoices that are sent to China are sent to the revenue recognition process.

The second record indicates that any invoices that are in the US for business unit 76 are sent to the revenue recognition process.

The third record indicates that any invoices that are in the US for customer 4243 are sent to the revenue recognition process.

Use the Revenue Recognition Inclusion check box to specify if the system includes an invoice in the revenue recognition process.
Use the Days From Configured Date field to enter the number of days the system adds to the date in the Calculation From Date field on the Invoice Trigger Date form to calculate the eligible for recognition date. The system displays the Eligible for Recognition Date field on the Work with Invoice Revenue Recognition form in the Revenue Recognition program (P03B116).

Step Action
Click the horizontal scrollbar.

Use the Same Period Inclusion check box to specify how the system processes invoices in the same period.

If you leave this check box blank, the system does not send an invoice to the revenue recognition process if:

The Eligible for Recognition Date and the Period Comparison Date are in the same period.

The Eligible for Recognition Date is in the previous period as the Period Comparison Date.

If you select this check box, the system does not compare the periods of the Eligible for Recognition Date and the Period Comparison Date for the invoice. The system automatically sends the invoice to the revenue recognition process.

Click the horizontal scrollbar.

Click the Cancel button.

Step Action
Click the Close button.

You have successfully set up the revenue recognition trigger configuration for A/R invoices.

End of Procedure.

Ayman Refat
Over 20 years of experience in IT area, working as Oracle JD Edwards Developer with expertise in Windows Server, SQL Server and Microsoft Exchange Server, experience in Linux operating systems (Debian and Redhat), VMWare ESX / ESXi, Novell Netware, relational databases like Oracle 10/11g and backup solutions from Computer Associates. Large experience in high-end servers from Dell and HP, having the following certifications: Microsoft: MCP, MCSE, MCDBA, MCSA and MCT (2008 ~ 2013), Computer Associates: Technical Specialist – Storage and Backup Solutions,
http://www.AymanRefat.com

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