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Prolecto Revenue Recognition and Cost Amortization
As an alternative to NetSuite Advanced Revenue Management (ARM), we effectively generate custom revenue and cost amortization transactions shaped by custom criteria. Tools are created to produce profiles to shape the amortization algorithms. Individual projects and other transactions can have supporting amortization. Bulk tools are offered. Reclass functions for end of period between Unbilled Receivables and Deferred Revenue.
Bundle ID
Ask for Bundle ID: 307527.
Version History
20230818.RC
- Add department matching to GL Reclasser
- Add support for percentcomplete_realizeamount in revenue saved search
- Add support for user-defined-fields for transaction lines with line." instruction in revenue search
- The percentcomplete_override must be >= 0 in revenue search
- Add support for labels that start with _ for information only in UI to view searches (i.e., not added to arrays in rev rec algorithm)
- Added Verify Bundle installation script
20210906.RC
Minor revision.
20210901.RC
To support multiple subsidiaries in different currencies, enhance the transaction memo to use the correct currency symbol.
20201216.RC
This version includes a parameter that allows the user to run Revenue Recognition for the month before last, prior month, or current month.
20201120.RC
Refine mechanism for overriding the percentage complete in the custom rev rec transaction type search.
20200213.RC
Added the filter for dates for bulk tool approval.
20191212.RC
Additional logic for working with the Balance Sheet Reclassification journal and to the batch processing page to confirm the journal doesn't already exist.
20191204.RC
Additional item level pointers to get more control over GL routing.
20191118.RC
Initial client release.
- Add department matching to GL Reclasser
- Add support for percentcomplete_realizeamount in revenue saved search
- Add support for user-defined-fields for transaction lines with line." instruction in revenue search
- The percentcomplete_override must be >= 0 in revenue search
- Add support for labels that start with _ for information only in UI to view searches (i.e., not added to arrays in rev rec algorithm)
- Added Verify Bundle installation script
Minor revision.
20210901.RC
To support multiple subsidiaries in different currencies, enhance the transaction memo to use the correct currency symbol.
20201216.RC
This version includes a parameter that allows the user to run Revenue Recognition for the month before last, prior month, or current month.
20201120.RC
Refine mechanism for overriding the percentage complete in the custom rev rec transaction type search.
20200213.RC
Added the filter for dates for bulk tool approval.
20191212.RC
Additional logic for working with the Balance Sheet Reclassification journal and to the batch processing page to confirm the journal doesn't already exist.
20191204.RC
Additional item level pointers to get more control over GL routing.
20191118.RC
Initial client release.
This version includes a parameter that allows the user to run Revenue Recognition for the month before last, prior month, or current month.
20201120.RC
Refine mechanism for overriding the percentage complete in the custom rev rec transaction type search.
20200213.RC
Added the filter for dates for bulk tool approval.
20191212.RC
Additional logic for working with the Balance Sheet Reclassification journal and to the batch processing page to confirm the journal doesn't already exist.
20191204.RC
Additional item level pointers to get more control over GL routing.
20191118.RC
Initial client release.
Added the filter for dates for bulk tool approval.
20191212.RC
Additional logic for working with the Balance Sheet Reclassification journal and to the batch processing page to confirm the journal doesn't already exist.
20191204.RC
Additional item level pointers to get more control over GL routing.
20191118.RC
Initial client release.
Additional item level pointers to get more control over GL routing.
20191118.RC
Initial client release.
Obtain Access to Prolecto Revenue Recognition and Cost Amortization Bundle
If this Prolecto Revenue Recognition and Cost Amortization bundle has interest for you, make a request and let's have a conversation.
Marty Zigman
Holding all three official certifications, Marty is regarded as the top NetSuite expert and leads a team of senior professionals at Prolecto Resources, Inc. He is a former Deloitte & Touche CPA and has held CTO roles. For over 30 years, Marty has produced leadership in ERP, CRM and eCommerce business systems. Contact Marty to set up a conversation.
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