50_12b

Retrieve Actuals Option Choose the approach that you want to take for using the actual figures in the budget. The options are Zero Actual Nodes Only: Only update budget lines where the actuals amounts are all zero. Overwrite Existing Nodes: All budget line actual amounts will be rebuilt.

Rule: Enter a meaningful rule code.

Active: Only active rules can be assigned to active revenue recognition contracts. This field is selected by default.

Rule Type: Select a rule type. You can choose from Acceptance, Payment, Percentage Complete, Time-based, Periodic, or Custom Periodic. For the Payment and Percentage Complete rule types, no further setup is required. However, when you choose one of the other rule types, extra fields are displayed.

Revenue Recognized at: Only for time-based rule type. Choose from Days after Invoice or Days after Shipment. This field enables you to set the revenue recognition criteria to a specific number of days after the sales order line is invoiced or shipped.

Additional Number of Days: Only for time-based rule type. This field specifies the number of daysthat the revenue can be recognised after the order line is invoiced or shipped. The entry is dependent on the setting of the Revenue Recognized at field.

Proof of Delivery: Only for acceptance rule type. This field indicates whether a proof-of-delivery number is needs to be recorded for an invoice to be flagged as accepted.

Period Type: Only for periodic or custom periodic based rules. Select the length of the period type, then choose from Annually, Bi-annually, Quarterly, Monthly, or GL Period. The default period type is GL Period.

Recognition Point: Only for periodic or custom periodic based rules. Choose to recognize revenue at the End of Period, Offset, or Start of Period. By default, the recognition point is the start of the period. If you select Offset, the Number of Days field is displayed.

Number of Days: Only available when you select Offset in the Recognition Point field. Enter the number of days from the start of the specified period when the revenue is to be recognized. A warning is displayed when the number of days entered, exceeds the length of the period type defined for the revenue recognition rule.