Creating Accounting Journals from Revenue Recognition Transactions

To create Accounting journals from committed revenue recognition transactions:

1. Click the Revenue Recognition Transactions page.
2. Choose a view from the drop-down list.
3. Select the checkboxes for the transactions you want to create as journals. If you select a transaction that does not have the status "Committed" and a valid Grouped By value, or that is already linked to an Accounting journal, it is ignored.
4. Click Create Journals.

The journals are created by a background process. You are emailed when the process finishes.

The journals are created with the status "In Progress".

Note:

If you create a journal for a revenue recognition transaction that you later discard, the journal is not reversed by the discard process. You must reverse the journal according to your own business processes.