SBS ARED Transaction (Purchase)

Select whether the line item is a deferral: 

• On: The line item is a deferral.
• Off: The line item is not a deferral.

Displays the deferral account option: Account or Balance.

The default values for the accounts are from the SBS ARED Deferral Defaults Setup.

Select the Recognition Account for recognizing the revenue and expenses. After you select the account the Recognition Account Name is updated.

The default values for the accounts are from the SBS ARED Deferral Defaults Setup.

Select the Deferral Account for deferring the COGS amounts. After you select the account the Deferral Account Name is updated.

The default values for the accounts are from the SBS ARED Deferral Defaults Setup.

Select the Recognition Account for recognizing the COGS amounts. After you select the account the Recognition Account Name is updated.

The default values for the accounts are from the SBS ARED Deferral Defaults Setup.

Select the Deferred Acct. Amortization Account for deferred the COGS amounts. After you select the account the Deferred Acct. Amortization Account Name is updated.

You can select this account when Use Acc. Amortization for Deferred COGS is set to Yes on the SBS ARED Advanced Revenue & Expense Deferrals Setup.

The default values for the accounts are from the SBS ARED Deferral Defaults Setup.

Select the Deferral Account for deferring the discount amounts. After you select the account the Deferral Account Name is updated.

The default values for the accounts are from the SBS ARED Deferral Defaults Setup.

Select the Recognition Account for recognizing the discount amounts. After you select the account the Recognition Account Name is updated.

The default values for the accounts are from the SBS ARED Deferral Defaults Setup.

Select the schedule type: Straight line (default) or Event based.

The options that appear on this page are based on the schedule type.

Required.

Select the deferral template. The template values are from the Advanced Revenue & Expense Deferrals setup.

Required.

Select whether to consolidate schedule lines for prior periods: 

• On: Consolidates the schedule lines for prior periods.
• Off: Does not consolidate schedule lines for prior periods.

Specify whether the number of days in a period are equal or different based on the period:

• On: Each period has the same number of days.
• Off: The number of days within a period are not equal.

When the periods do not have an equal number of days, the number of days in a period is considered when the amount in each period for a schedule is calculated.

Indicates whether the transaction overrides the deferral start date: 

• On: Overrides the start date of the deferral schedule with the specified start date.
• Off: Uses the start date of the deferral schedule.

Available when Schedule Type is Straight line.

Select whether the deferral schedule is created based on a template or the start and end dates of the billing schedule.

• On: Creates the straight-line deferral schedule is based on a template.
• Off: Creates the straight line schedule is created based on the start and end dates of the billing schedule, where the billing date is the deferral start date and the billing end date is the deferral end date. The deferral amount is divided among the billing periods based on the billing frequency selected.

Specify the start date of the deferral line. The transaction date is the default value. Available when you have selected to override the start date.

Displays the end date of the deferral line.

This date is automatically calculated based on the deferral template. If no template is selected, you must manually enter the date.

Select the deferral template. The template values are from the Advanced Revenue & Expense Deferrals setup.

Select the allocation method: 

• Percentage of Completion: A cumulative completion value for each line.
• By Percentage: A percentage amount can be specified for the allocation. The sum of all percentages must equal 100.
• Variable Amount: An amount can be specified for the allocation. The allocation amount is specified at the transaction level.
• Equal Amount: The allocation percentages are automatically calculated and equally split among the items within the template.
• By Quantity: The specific allocation quantity for each line is entered at time of the transaction.

Determines whether a separate event is created for each unit: 

• On: Each event line is split evenly by the number of units on the invoice transaction. See example.

• Off: The event lines are not split.

You can override this setting at the transaction level.

Select the account number you want to use for the expiration amount.

Displays the account name. Read-only

Displays the description for the item.

Displays the end date of the deferral line.

Displays the expiration date for the deferral line.

Displays the allocation percentage.

Displays the amount for the line.

Displays whether the line has been recognized.

Select an action to perform on the selected line: 

• Preview: Opens the SBS ARED Schedule Preview Lines page, where you review a preview of the deferral item with the specified changes. Available when Schedule Type is Straight Line.
• Recalculate: Recalculates the deferral item based on the updates in this page. Available when Schedule Type is Event Based .