Creating Recognition Templates

A recognition template defines how you want Revenue Management to calculate revenue or cost, and the source object to apply those calculations to. See What is a Recognition Template? for more information.

Note:

You do not have to be signed in as an administrator to create, edit or delete templates but you must have all appropriate access permissions including read access to the Recognition Settings object. See Assigning Permission Sets for more information.

To create a recognition template:

  1. Click the Recognition Templates tab.
  2. Click New.
  3. Enter a unique name for this template, such as Project - Equal Split.
  4. Select a template type, such as "Equal Split". See What is a Recognition Template? and Recognition Template Fields for more information on this and the other template attributes defined on this page.
  5. Select the recognition settings record to use with this template. Some fields are populated automatically from the selected settings record. The Use in Revenue Contract checkbox indicates if you have chosen a settings record that will be used in revenue contracts. If this checkbox is selected, by default any source records using this template will not be included in forecasting and recognition processes; they will only be included in revenue contract processing.
  6. [Optional] If Use in Revenue Contracts is selected, select a performance obligation template. For more information, see What is a Performance Obligation Template?
  7. Select the Forecast Schedule Definition if required.
  8. In the Calculation Conditions section, select a revenue basis if the related settings record includes Revenue as a selected Value Type, and select a cost basis if the related settings record includes Cost as a selected Value Type. Revenue Management checks that you have provided the required data in the related settings record.
  9. If the selected template type is "Equal Split", select a calculation type, such as "4,4,5" or "Months".
  10. Click Save.