Rollback Revenue Recognition

Explanation

This activity is used to rollback the revenue recognition before creating any vouchers.

Prerequisites

Periodical Capitalization and Revenue Recognition procedure for the selected period must be in the Revenue Calculated or Modified status (it should not have been acknowledged). 

System Effects

All the revenue recognition results will be removed, and the Periodical Capitalization and Revenue Recognition procedure will assume the Capitalized status. 

Window

Periodical capitalization and Revenue Recognition

Related Window Descriptions

Periodical Capitalization and Revenue Recognition

Procedure

1. In the Periodical Capitalization and Revenue Recognitions window, select the procedure ID, right-click and then click Rollback Revenue Recognition.