SECTIONS
You can amortize costs in the same way that you recognize revenue. The setup required is detailed in Additional Setup for Cost Amortization.
When you run revenue recognition, note that:
- Cost values are generated if a source record's settings record includes Cost as a value type.
- Revenue values are generated if a source record's settings record includes Revenue as a value type.
- A source record can have both cost and revenue values.
You select, edit, and submit costs to amortize in the same way that you select, edit, and submit revenue to recognize. Cost values are recorded on revenue recognition transactions, and revenue transaction summaries, along with revenue values.