Integration with Revenue Management

Integration is available between the Revenue Forecasting feature in PSA and Revenue Management.

For information on how to set up the integration between PSA and Revenue Management, see Enabling Revenue Recognition for PSA. You must have the latest version of Revenue Management installed and must configure the integration between Revenue Management and PSA for revenue recognition actuals first before starting to use Revenue Forecasting. No additional setup is required in PSA.

If you already have the latest version of Revenue Management installed, licensed, and set up for revenue recognition actuals on your org, relevant data from Revenue Management is automatically included when any user with the required permissions runs Revenue Forecasting.

When you run a revenue forecast, any recognitions applied to a qualifying record are included in the revenue forecast record that corresponds to the recognition date. The value in the Income Statement Amount field on a qualifying record in Revenue Management is used in the following way:

• The value populates the Revenue Recognized to Date field on the corresponding revenue forecast type record in PSA.
• The value is subtracted from the amount that is currently in the Revenue Pending Recognition field on the corresponding revenue forecast type record in PSA.

Tip:

If the integration with Revenue Management has been set up but you want to exclude revenue recognition actuals from your revenue forecast calculations, you can select the Exclude Revenue Recognition Actuals checkbox on the active revenue forecast setup record. This effectively disables the integration between PSA and Revenue Management. For more information, see Excluding Actuals (Using the Integration with Revenue Management).