Learn where to view revenue recognition schedules in Microsoft Dynamics 365 Finance to validate customer support contracts. Discover the two key pages that provide a complete solution.
Table of Contents
Question
A company uses Microsoft Dynamics 365 Finance to manage customer support contracts.
You need to validate a revenue recognition schedule for a customer.
In which two pages can you view the revenue recognition schedule? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point
A. the revenue schedules details
B. an invoiced sales order
C. the revenue schedules
D. an invoiced purchase order
E. the revenue recognition schedule
Answer
A. the revenue schedules details
E. the revenue recognition schedule
Explanation
The correct answers to view the revenue recognition schedule for validating a customer support contract in Microsoft Dynamics 365 Finance are:
A. The revenue schedules details
E. The revenue recognition schedule
These two pages provide a comprehensive view of the revenue recognition schedule, allowing you to validate the schedule for a specific customer.
The revenue schedules details page offers a granular breakdown of the revenue schedule, displaying individual line items and their corresponding recognition dates and amounts.
The revenue recognition schedule page presents an overview of the entire schedule, showcasing the total recognized revenue and the remaining balance to be recognized over the duration of the contract.
By examining both the revenue schedules details and the revenue recognition schedule pages, you can thoroughly validate the accuracy and completeness of the revenue recognition process for a customer support contract in Dynamics 365 Finance.
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