Here are a few more alternatives. You can set up an allocation program to capture the revenue. You can also setup an asset account and amortize the revenue using the depreciation program.
peterban <
[email protected]> wrote:A while ago (World and early OneWorld) there was a "deferred" revenue element to SOM. It wasnt very good about apportioning revenue against the "life" of the product/service but it was there....Unfortunately it seems to have been removed from more current versions 7334. Hence I agree with MDH that you should post the revenue to a clearing account and then repost it to the true accounts over the life of the product/service.I guess you know the life of the product/service....Best regardsPeter
Product Specialist
--------------------------
To view this thread, go to:
http://www.jdelist.com/ubb/showthreaded.php?Cat=&Board=Apps&Number=56211
+ - - - - - - - - - - - - - - - - - - - - - - - -+
This is the JDEList One World / Xe® and World Applications mailing list/forum.
Archives and information on how to SUBSCRIBE, and
UNSUBSCRIBE can be found on the JDEList Forum at
http://www.JDEList.com
JDEList is not affiliated with JDEdwards®
+ - - - - - - - - - - - - - - - - - - - - - - - -+
---------------------------------
Do you Yahoo!?
Free online calendar with sync to Outlook(TM).
World, OW B733X and Xe