Creating Deferred Revenue Settings for Brazil
To use the Brazil Deferred Revenue Recognition SuiteApp, you must create deferred revenue settings.
Create settings for all subsidiaries in Brazil, either by creating specific settings for each subsidiary, or by applying the same settings to multiple subsidiaries.
To create deferred revenue settings for Brazil:
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Go to Setup > Brazil Deferred Revenue > Deferred Revenue Settings > New.
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In the Subsidiary field, select one or more subsidiaries to which you want to apply the settings.
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In the Type of Revenue Recognition Event field, select the type of revenue recognition event you want to create when processing deferred revenue.
For more information, see Creating a Custom Revenue Recognition Event.
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Choose the recognition plan for which NetSuite should create revenue recognition events when processing deferred revenue.
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To create revenue recognition events for the actual recognition plan, check the Create Revenue Recognition Event for the Actual Recognition Plan box.
The actual plan controls when revenue is posted.
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To create revenue recognition events for the forecast recognition plan, check the Create Revenue Recognition Event for the Forecast Recognition Plan box.
The forecast revenue plan is used only for forecasting and in forecast reports.
For more information, see Revenue Recognition Plans.
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Click Save.