Income Schedule Definition Fields

Here is a description of the fields that make up an income schedule definition.

Key: R – Read-only; * – Mandatory field
The number indicates the number of characters that are allowed in this text field, where appropriate.

Field			Description
General Ledger Account	*		The deferred revenue (income) account. Used instead of the sales revenue account when the sales invoice is posted. Cannot be the Retained Earnings account. This field supports corporate and local GLAs.
Name	*	80	Unique name for this income schedule definition.
Number of Journals	*		Number of journals used to recognize income across periods. Must be a positive integer within a recommended range of 1 to 36. For example, if your periods are monthly and you want to post quarterly maintenance income journals, set this value to 4.
Period Interval	*		Interval (in periods) between journal postings. Must be a positive integer. For the example quarterly maintenance income schedule, you would set this value to 3.
Use Part Periods			Indicates whether you want to use part periods. Used when the schedule start date is not the start of a period. Setting this field results in an extra posting at end to recognize the remaining income. See What is an Income Schedule Definition? for more information on part periods.

Warning:

We advise against creating more than 36 journals per sales invoice line. You might begin to encounter platform limits if you exceed this number.