Upgrading to Revenue Management Spring 2023

This page describes the changes to make when upgrading to Spring 2023.

See the Upgrade Steps section under each feature for details of any action required. If you don't want to use or upgrade an optional feature, you can skip the upgrade steps for that feature. To perform upgrade steps in your org, you must be assigned administrator permissions.

See the Included in This Feature section under each feature for details of items such as objects, fields, or buttons that have been added in this release.

Note:

Where new objects, fields, or buttons have been added for a feature, we recommend that you add them to any relevant page layouts, profiles, and permission sets. For information on how to do this, see the Salesforce Help.

For information on new features and changes to existing features in Spring 2023, see New Features and Enhancements in Revenue Management Spring 2023.

FinancialForce is Now Certinia

We have made the following changes to align with our new Certinia brand:

  • The publisher name has been updated to Certinia
  • Package names no longer reference FinancialForce
  • In most cases, text referring to FinancialForce has been replaced with Certinia

For more information about these updates and related text changes, see the Package Name Updates article in the Certinia Community and the Technical Documentation Pack.

To learn more about our rebrand, visit the Certinia Community for a message from our CEO, Scott Brown.

Note:

Major versions include updates to both package and publisher names. In service packs, only the package name has changed. Some elements, such as theming and logos, have not been updated and other references to FinancialForce might remain visible in your org.

Enhancements to the Revenue Recognition Page

Upgrade Steps

No upgrade steps are required to start using these enhancements.

Launching the Automation Process from within Revenue Management

Upgrade Steps

No upgrade steps are required to start using this feature.

Included in this Feature

This section details the items that have been added in this release.

New Link

New Link in Spring 2023

Lightning Component

New Link

 Further Information
RM Actions - Summer 22

Automate Recognition

End-to-End Automation of Recognition Schedule Processes

RevenueScheduleAutomationService Supports Filtering by Company and Currency

Upgrade Steps

No upgrade steps are required to start using this feature.

Support for Asynchronous Processes to Run in Parallel

Upgrade Steps

No upgrade steps are required to start using this feature.

Using Revenue Management with PSA

Upgrade Steps

To start using Revenue Management with PSA, take the following action:

Upgrade Steps for Spring 2023

Action

Further Information

Enable the Enabling Revenue Recognition for PSA feature in Feature Console provided that:

  • The feature was not enabled in an earlier version of Revenue Management, and
  • PSA has not already been configured manually for revenue recognition.
 Enabling Revenue Recognition for PSA
To update the integration to support recognition schedules, enable the Update RM-PSA Integration for Schedules feature in Feature Console. Update RM-PSA Integration for Schedules

Included in this Feature

This section details the items that have been added in this release.

New Fields

For a list of the fields added by the Enabling Revenue Recognition for PSA feature, see Metadata Changes when Enabling Revenue Recognition for PSA.

For a list of the fields added by the Update RM-PSA Integration for Schedules feature, see Metadata Changes when Updating the RM-PSA Integration for Recognition Schedules.

Using Revenue Management with SCM for Cost Recognition

Upgrade Steps

To start using Revenue Management to recognize costs against SCM purchase orders, take the following action:

Upgrade Steps for Spring 2023

Action

Further Information
Enable the Enabling Cost Recognition for SCM feature in Feature Console. Enabling Cost Recognition for SCM

Included in this Feature

This section details the items that have been added in this release.

New Fields

For a list of the fields added by this feature, see Metadata Changes when Enabling Cost Recognition for SCM.

Permission Set

Permission Set Added in Spring 2023

Permission Set

 Further Information
Revenue Management on SCM

Permission Sets and Other Technical Documentation

Label Changes

Upgrade Steps

No upgrade steps are required. The new labels are applied automatically on upgrade.

Note:

A field's Help Text and Description are not updated on upgrade. You can update them manually if you want them to reflect the label change.

Included in this Feature

This section details the label changes applied in this release.

API names have not changed.

Object Label Changes

Object Label Changes in Spring 2023

Original Object Label

New Object Label
Revenue Schedule

Recognition Schedule
Revenue Schedule Line

Recognition Schedule Line
Revenue Recognition Transaction Recognition Transaction
Revenue Recognition Transaction Line Recognition Transaction Line
Revenue Transaction Summary Recognition Transaction Summary
Settings Recognition Settings
Template Recognition Template
Error Log Recognition Error Log

Object Field Label Changes

Object Field Label Changes in Spring 2023
Object

Original Field Label

New Field Label
Recognition Schedule Internal Total Amortized Cost Internal Total Recognized Cost
Revenue Schedule Name Recognition Schedule Name
Revenue Stream Recognition Stream
Total Amortized Cost Total Recognized Cost
Recognition Schedule Line Amortized Cost Recognized Cost
Internal Amortized Cost Internal Recognized Cost
Revenue Schedule Recognition Schedule
Revenue Schedule Line Name Recognition Schedule Line Name
Recognition Transaction Total Balance Sheet (Amortized) Total Balance Sheet (Cost)
Total Income Statement (Amortized) Total Income Statement (Cost)
Total Line Balance Sheet (Amortized) Total Line Balance Sheet (Cost)
Total Line Income Statement (Amortized) Total Line Income Statement (Cost)
Total Summary Balance Sheet (Amortized) Total Summary Balance Sheet (Cost)
Total Summary Income Statement (Amort) Total Summary Income Statement (Cost)
Recognition Transaction Line Amortized Opening Balance Cost Opening Balance
Amortized Opening Balance Dual Cost Opening Balance (Dual)
Amortized Opening Balance Home Cost Opening Balance (Home)
Amortized To Date Cost Recognized To Date
Amount Amortized Cost Recognized
Amount Amortized (Dual) Cost Recognized (Dual)
Amount Amortized (Home) Cost Recognized (Home)
Amount Recognized Revenue Recognized
Amount Recognized (Dual) Revenue Recognized (Dual)
Amount Recognized (Home) Revenue Recognized (Home)
Internal Amount Internal Amount (Revenue)
Internal Amount (Amortized) Internal Amount (Cost)
Recognized Opening Balance Revenue Opening Balance
Recognized Opening Balance Dual Revenue Opening Balance (Dual)
Recognized Opening Balance Home Revenue Opening Balance (Home)
Revenue Recognition Transaction Recognition Transaction
Revenue Schedule Line Recognition Schedule Line
Template Recognition Template
Recognition Transaction Summary Amount Amortized Cost Recognized
Amount Amortized Dual Cost Recognized (Dual)
Amount Amortized Home Cost Recognized (Home)
Amount Recognized Revenue Recognized
Internal Amount Internal Amount (Revenue)
Internal Amount (Amortized) Internal Amount (Cost)
Revenue Recognition Transaction Recognition Transaction
Recognition Settings Amortized To Date Value Cost Recognized To Date Value
Fully Recognized and Amortized Recognition Complete
Recognized To Date Value Revenue Recognized To Date Value
Recognized To Date Value (Dual) Revenue Recognized To Date Value (Dual)
Recognized To Date Value (Home) Revenue Recognized To Date Value (Home)
Revenue Recognition Txn Lookup Recognition Transaction Line Lookup
Revenue Schedule Line Lookups Recognition Schedule Line Lookups
Revenue Schedule Lookup Recognition Schedule Lookup
Total Amortized To Date Total Cost Recognized To Date
Total Recognized To Date Total Revenue Recognized To Date
Recognition Template Revenue Source Recognition Source
Template Type Recognition Method
Performance Obligation Template Performance Obligation Rec. Template
Revenue Contract Fully Recognized and Amortized Recognition Complete
Total Amortized To Date Total Cost Recognized To Date
Total Recognized To Date Total Revenue Recognized To Date
Performance Obligation Fully Recognized and Amortized Recognition Complete
Amortized To Date Cost Recognized To Date
Recognized To Date Revenue Recognized To Date
Ready for Revenue Recognition Ready for Recognition
Template Recognition Template
Recognition Error Log Revenue Recognition Transaction Recognition Transaction

Custom Setting Field Label Changes

Custom Setting Field Label Changes in Spring 2023

Custom Setting

Original Label

 New Label
Revenue Management Settings Actuals Template Actuals Recognition Template

Delete Old Revenue Schedule Async Logs

Delete Recognition Schedule Async Logs
Disable Synchronize Revenue Schedules Disable Synchronize Rec. Schedules
Forecast Template Forecast Recognition Template
Revenue Management Batch Settings RRTs for Journal Creation Batch Size RTs for Journal Creation Batch Size
Scheduled True-Up Creates Committed RRTs Scheduled True-Up Creates Committed RTs

Feature Console Label Changes

Feature Console Label Changes in Spring 2023

Original Feature Label

 New Feature Label
Recognize Revenue Schedules Recognize against Recognition Schedules
RRT to Journal Integration RT to Journal Integration
RRT to Journal Integration for Cost RT to Journal Integration for Cost
Summarized RRT to Journal Integration Summarized RT to Journal Integration
True-Up RRT to Journal Integration True-Up RT to Journal Integration

Custom Permission Label Changes

Custom Permission Label Changes in Spring 2023

Original Label

 New Label
RRT to Journal Integration RT to Journal Integration

Other Label Changes

Other Label Changes in Spring 2023

Location

Original Label

 New Label
RM Actions - Spring 22 Lightning Component

Synchronize Revenue Schedules

Synchronize Recognition Schedules
RM Schedules Grid Lightning Component Revenue Summary Recognition Summary

In addition to the above, column headings in the RM Schedules Grid Lightning Component and in the Recognize Revenue page (Actuals) that previously referred to cost amortization now refer to cost recognition.

Certinia Trailhead: Release Highlights

If you want to learn more about the new features in this release, see the ERP Cloud - Spring 2023 Release Highlights Certinia Trailhead module. This module will guide you through the new features in our ERP Cloud products.

Upgrade Steps

No upgrade steps are required to upgrade this feature to Spring 2023.