Enabling the Summarized RT to Journal Integration

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

Separate journals are created for revenue and cost. If a 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 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 - RT to Journal Integration. For details, see Enabling the RT to Journal Integration.
  3. Revenue Management - RT to Journal Integration for Cost. For details, see Enabling the RT to Journal Integration for Cost.

When the above features are enabled, you can enable the Summarized RT 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 recognition 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 RT to Journal Integration permission set to your existing Revenue Management and Accounting users who need the additional permission to create journals from summarized 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 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 RT to Journal Integrations.

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

Also manually add the Create Summarized Journal button to the 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 recognition 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 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 recognition transaction summaries, remove the Create Journals button so that it cannot be used by mistake.