Deliver a transaction line item

If your company has enabled event-based recognition , you cannot recognize revenue for transaction items until they have a Delivery status of Delivered. Setting the Delivery status for transaction line items to Delivered removes the hold from the revenue schedule and sets the schedule status to Not started.

If you do not change the Delivery date when you deliver the line item, Intacct uses the transaction date as the default Delivery date. If the Delivery date is in a closed period, the next scheduled posting date might also be in a closed period. You'll receive an error if you try to post the revenue in a closed period.

Depending on how the associated revenue recognition template is defined, Intacct could potentially regenerate the revenue recognition schedule as of the Delivery date.

  • If the template has System resume option = Walk forward: Intacct calculates the number of days between the Transaction date and the Delivery date, adds that number of days to the end of the schedule, and "walks the schedule forward", with the first period posting on the next scheduled Posting date after the Delivery date.
  • If the template has System resume option = Catch up: Intacct sets the scheduled posting date to the next scheduled posting date for all portions of revenue that did not post between the Transaction date and the Delivery date.

Learn more about event-based recognition.

Subscription
  • Accounts Receivable
  • General Ledger
  • Order Entry
  • Standard or Advanced Revenue Recognition
Regional availability

All regions
User type

Business
Permissions

General Ledger

  • Revenue recognition schedule: List, Edit
Configuration

Event-based recognition must be enabled in the Configure Revenue Management page.

To deliver a transaction line item:

  1. Go to Accounts Receivable or Order Entry> All > Revenue recognition > Manage revenue schedules.
  2. In the Action options field, select Deliver, define other filter criteria as desired, and select Preview.

    The Filtered schedules section displays only transaction items that have a delivery status of Undelivered. A Deliver button also appears in the page header.

  3. To change the Delivery date, do one of the following:
    • To specify the same Delivery date for all line items, enter a date in the Specify delivery date field in the Delivery details section and select Update grid.

      All items in the Filtered schedules grid now display that date in the Delivery date column.

      This date change only affects the display at this point. The Delivery date field isn’t updated on the record until you select a line item and execute Deliver.

    • To specify different Delivery dates for each desired item, click in the Delivery date column next to a selected item and use the calendar tool or text entry box to enter the desired date. Repeat for each item.
    If you do not change the item's delivery date, Intacct uses the transaction date as the delivery date.
  4. Select the checkbox to the left of the items that you want to deliver or select the checkbox in the Select column header to select all items.
  5. Select Deliver.

    If the action was successful, a green bar and check mark appear in the header and indicates the number of items that were marked as Delivered. The transaction items no longer appear in the Filtered Schedules section.

    If the action was not successful, a red bar and x appear in the header and indicates the number of items affected.

  6. If there were errors, select Fix these schedules to view source transactions and line item numbers to use to investigate the errors.