Enabling the Summarized RRT to Journal Integration

This Feature Console page updates Revenue Management so that you can create FinancialForce Accounting journals from summarized revenue recognition transactions.

Separate journals are created for revenue and cost. If a revenue recognition transaction has summaries with both revenue and cost amounts, separate revenue and cost journals are created from it. Both journals are linked to the revenue recognition transaction, and the journal line items link to the summaries.

Before enabling this integration, you must enable the following Feature Console features:

  1. Accounting - Journal Integration with Return Data. For details, see Enabling the Journal Integration with Return Data.
  2. Revenue Management - RRT to Journal Integration. For details, see Enabling the RRT to Journal Integration.
  3. Revenue Management - RRT to Journal Integration for Cost. For details, see Enabling the RRT to Journal Integration for Cost.

When the above features are enabled, you can enable the Summarized RRT to Journal Integration. When enabling this feature, work through the steps in the order shown.

  • For each automatic step, click Perform. When the step has completed, the Status changes from “Not Done” to “Done”.
  • For each manual step, follow the instructions on screen then click Mark As Done when the step is complete. More information about performing the manual steps is provided below.

When you have completed all the steps, use the Status slider in the Feature section to enable the feature. If you have custom fields on your revenue transaction summaries and you want to map their values to journal lines, add them to the CreateJournalFromSummarizedRRT publication for revenue journals, and to the CreateJournalFromSummarizedCostRRT publication for cost journals, for the Journal.Create message type.

Manually Assign Permissions to Users

Assign the RRT to Journal Integration permission set to your existing Revenue Management and FinancialForce Accounting users who need the additional permission to create journals from summarized revenue recognition transactions. Users must also be assigned the FDN Core and FDN Common Concepts permission sets.

You must also grant users Edit permissions for your revenue recognition source objects.

Manually Update Page Layouts

Manually add the following unmanaged fields to the relevant page layouts. You might have already added some of these fields when you enabled the two RRT to Journal Integrations.

Object Field Label
Revenue Recognition Transaction Journal
Revenue Recognition Transaction Journal Date
Revenue Recognition Transaction Journal Creation Error
Revenue Recognition Transaction Journal Creation State
Revenue Recognition Transaction Journal Status
Revenue Recognition Transaction Cost Journal
Revenue Recognition Transaction Cost Journal Date
Revenue Recognition Transaction Cost Journal Creation Error
Revenue Recognition Transaction Cost Journal Creation State
Revenue Recognition Transaction Cost Journal Status
Revenue Transaction Summary Journal Line
Revenue Transaction Summary Journal Line Creation Error
Revenue Transaction Summary Journal Line Creation State
Revenue Transaction Summary Cost Journal Line
Revenue Transaction Summary Cost Journal Line Creation Error
Revenue Transaction Summary Cost Journal Line Creation State
Journal Revenue Recognition Transaction
Journal Revenue Recognition Update Error
Journal Revenue Recognition Update State
Journal Line Item Revenue Transaction Summary
Journal Line Item Revenue Transaction Summary Update Error
Journal Line Item Revenue Transaction Summary Update State

Also manually add the Create Summarized Journal button to the Revenue Recognition Transaction page layout.

Note:

If the Create Journal button is included on this page layout but your business process means that journals are always created from revenue transaction summaries, remove the Create Journal button so that it cannot be used by mistake.

Manually Update Search Layout

Manually add the Create Summarized Journals button to the Revenue Recognition Transactions List View search layout.

Note:

If the Create Journals button is included in this list view but your business process means that journals are always created from revenue transaction summaries, remove the Create Journals button so that it cannot be used by mistake.