Deferred Revenue Preferences

Form ID: (DR101000)

This form holds the settings that affect the deferred revenue functionality.

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Table 1. Numbering Settings Section
Element	Description
Deferred Schedule Numbering Sequence	The numbering sequence used for deferral schedules.

Table 2. Other SectionThis section appears on the form if the *Revenue Recognition by IFRS 15/ASC606* feature is enabled on the Enable/Disable Features (CS100000) form.
Element	Description
Suspense Account	The suspense account to which the entire revenue amount will be posted, if the revenue of the document (an invoice or a credit memo) cannot be properly allocated—for example, if the residual amount or any allocation weight is zero or negative. You have to review the invoices posted to this account and manually create a deferral schedule for them.
Suspense Sub.	The suspense subaccount to which the revenue amount will be posted. This box appears on the form if the Subaccounts feature is enabled on the Enable/Disable Features (CS100000) form.
Use Fair Value Prices in Base Currency	A check box that indicates (if selected) that the system will search for fair value prices, which are in the base currency only, to be used in revenue recognition. Any prices defined in the document currency will be ignored. This check box appears on the form if the Multicurrency Accounting and Revenue Recognition by IFRS 15/ASC 606 features are enabled on the Enable/Disable Features form.
Recognize Adjustments in Previous Periods	A check box that indicates (if selected) that for a credit memo with the deferral code having a flexible recognition method and the Allow Recognition in Previous Periods check box selected on the Deferral Codes (DR202000) form, the system will generate deferred revenue transactions starting from the period of the Term Start Date specified on the Deferral Schedule (DR201500) form. The check box is selected by default. If this check box is cleared, for a credit memo with the date later than the Term Start Date of the deferral schedule, the deferred revenue transactions for the period before the credit memo's date will be posted to the credit memo period, regardless of the Allow Recognition in Previous Periods setting specified on the Deferral Codes form for the deferral code used in the document. This check box appears on the form if the Revenue Recognition by IFRS 15/ASC 606 feature is enabled on the Enable/Disable Features form.