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E1: 52: New Revenue Recognition Solution for Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) For Contract Billing (Doc ID 2177615.1)

Last updated on DECEMBER 18, 2019

Applies to:

JD Edwards EnterpriseOne Contract and Service Billing - Version 9.1 to 9.2 [Release 9.1 to 9.2]
Information in this document applies to any platform.

Purpose

 The purpose of this document is to explain the set up and processing of the JD Edwards solution to the FASB and IASB joint standard for Recognizing Revenue for Contract Service Billing

Details

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In this Document
Purpose
Details
 Explanation and Implementation Dates
 System Setup for Revenue Recognition
 Automatic Accounting Instructions (AAIs)
  User Defined Codes (UDCs)
 Revenue Recognition Constant  
  Setting up Revenue Recognition Triggers
 Revenue Recognition Triggers (P03B420)
 Row Exit to Cont Billing Setup / CB Hierarchy
 Row exit to Cont Billing Setup / CB Date
 Row exit to Cont Billing Setup / Configuration (P03B424)
 Processing a record after set up is complete.
 Revenue Recognition Program (P03B116)

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