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Accounting › Revenue Recognition

Performance Obligations

A promise that is distinct. Three lines on an order can be one obligation, and one line can be three — and the allocation moves money between them.

Where to find it

  1. Module: Accounting
  2. Group: Recognition
  3. Section: Revenue Recognition
  4. Screen: Performance Obligations

Address in the console: /accounting/rev-obligations

List · 11 columns · 26 fields on its form · 2 of them required

What the list shows

These are the columns of the list, in the order they are drawn. Any of them can be sorted on, filtered on, hidden, or exported.

ColumnKindField name
ContractCodecontract_no
LineNumberline_no
ObligationTextname
TypeStatusobligation_type
TimingStatustiming
Order priceAmountcontract_price
AllocatedAmountallocated_amount
AdjustmentAmountallocation_adjustment
RecognisedAmountrecognised_to_date
RemainingAmountremaining_to_recognise
StatusStatusstatus

The form

What is asked for when a record is created here. Required fields are marked; a choice drawn from a configuration list is one an administrator can extend without a release.

FieldTypeChoicesNotes
Contract required Choice Looked up from existing records
Line Number
Name required Text
Template Choice Looked up from existing records
Item Choice Looked up from existing records
Type Choice Configuration list
Quantity Number
Price on the order Number
Standalone price per unit Number
Standalone price total Number
Timing Choice Configuration list
Progress measure Choice Configuration list
Start Date
End Date
Term (months) Number
Estimated cost Number
Actual cost Number
Units total Number
Units delivered Number
Percent complete Number
Satisfied on Date
Revenue account Choice Looked up from existing records
Deferred revenue account Choice Looked up from existing records
Cost center Choice Looked up from existing records
Distinct Yes or no
Notes Long text

The rules that apply here

Everything on this screen obeys the platform rules rather than rules of its own. The ones worth knowing before you use it:

Beside it in Revenue Recognition