Revenue Recognition Method Dates (cirrc0111m000)
Use this session to define the priority in using the revenue recognition method based on the Delivery Date, Completion Date and so on. Also you can delay the usage of the revenue recognition by specifying the Delay Period.
Field Information
- Priority
-
Specify the number based on which the search priority is decided in case of multiple base lines.
- Revenue Recognition Date Based On
-
The type of date which is used to recognize the revenue. Since a revenue recognition method can be used as generic for all business objects, multiple levels can be defined in a separate table.
Note: For example, first level customer approval date, second level consumption date, third level delivery date. The sales orders with customer approval use customer approval date, sales orders without customer approval but with consumptions use consumption date and other sales orders or service orders use delivery date.Allowed values
- Delivery Date
-
Indicates that the revenue recognition of the document is based on the delivery date.
- Invoice Date
-
Indicates that the revenue recognition of the document is based on the invoice date.
- Completion Date
-
Indicates that the revenue recognition of the document is based on the completion date.
- Not Applicable
- Customer Approval Date
-
Indicates that the revenue recognition of the document is based on the customer approval date.
- Consumption Date
-
Indicates that the revenue recognition of the document is based on the consumption date.
- Delay
-
The number of days or weeks by which the base date of the revenue to be recognized, is delayed.
- Delay Period
-
The period (days or weeks) by which the base date of the revenue to be recognized, is delayed.
Note: By default, this field is set to Days.Allowed values
- Days
- Weeks
- Not Applicable