If you are recognizing revenue against source records (sometimes known as Actuals
Refers to the original revenue recognition process where staging data is generated for source records. The Recognize Revenue page and Recognize All use this process.) the manual process to recognize revenue and cost can be divided into three main stages:
- Filtering and grouping your data.
- Selecting revenue and cost to recognize.
- Creating a recognition transaction that contains one or more transaction lines.
See the related topics for more information. These topics are not relevant if you are recognizing revenue and cost against recognition schedules.