Product Deferred Revenue Schedule (BR53.1)

Use Product Deferred Revenue Schedule (BR53.1) to create a recognition schedule for revenue that cannot be recognized on the initial product invoice. A deferred revenue schedule indicates amount of revenue that can be recognized at specified intervals during the contract period. Deferred revenue schedules might be used at the contract level if there are excessive service discounts or payment terms. At the product level, deferred revenue schedules can accommodate backlogs in paperwork or other miscellaneous issues.

Deferred revenue schedules can be created for only unreleased product contracts.

Select Auto Scheduler to use the auto scheduler to create a deferred revenue schedule. The auto scheduler can be used to create contracts that have an amount that can be spread equally over the entire schedule.