How to view the revenue arrangement for a particular Sales Order?
What is the list of expense reports available in RevRec?
What are the additional attributes used in expense reports?
You can view the associated contract cost, allocation, and recognition schedule for each product from the sales order UI, while you can see aggregate information related to expenses on the report. You can also drill down using the various attributes available in the drill hierarchy. Navigate from Customers > Sales Order > Revenue Arrangement.
Contract costs associated with sales orders can be viewed or edited from the sales order screen.
Click at the top left corner of the screen to view revenue and cost arrangements for the sales order. There are two sections for the contract cost like revenue such as:
This section has two columns.
You can click the ellipsis icon to view the calculation for each product.
This section displays a cost recognition plan for each product. You can use the toggle switch to enable or disable the graph. There is also an option to view the recognition plan by product.
The following reports are available with RevRec’s Expense Recognition feature.
You can use this report to view the New Costs and Expenses recognized for each accounting period. represent the expense incurred by your company. It can be contract costs or other business costs. represents the allocated expense recognized for the accounting period by RevRec. You can also use the drill functionality to break down the aggregated values. This report displays only past and current data.
You can use this report to view the New Costs and Expenses Recognized for each accounting period. This report displays future data based on the amortization plan.
You can add or drill additional attributes on the report. Following are the attributes available on both reports for :