SECTIONS
Here is a description of the fields on the Recognition Template object. Once a template is in use on a recognition transaction line, you can only edit the Recognition Template Name and Forecast Schedule Definition fields.
See What is a Recognition Template? for more information.
Key: R – Read-only; * – Mandatory field; The number indicates the number of characters that are allowed in this text field, where appropriate.
| Field | Description | ||
|---|---|---|---|
| Forecast Schedule Definition | The forecast schedule definition linked to this template. When you run the Generate Forecast process for this template, forecast values will be calculated automatically according to this definition. | ||
| Offset for Period Cutoff |
Specifies an offset for period end cutoff so that any % Complete updates that happen after the period end date are still included in the recognition schedule lines generated for that period. For example, if timecards contribute to a milestone's % Complete but your business process allows them to be approved up to three days after period end, set the offset to 3. For more information, see Allowing Flexibility of Period End for % Complete Recognition Schedules. This field is only relevant when the Recognition Method field is set to % Complete. It must be between 0–28 or blank. |
||
| Performance Obligation Rec. Template | Lookup to the template that is assigned to performance obligations created from source records using the current template. For more information, see What is a Performance Obligation Template? | ||
| Recognition Method | * | Calculation method used to recognize revenue and cost, such as % Complete or Equal Split. | |
| Recognition Settings | * | Lookup to the related settings record. | |
| Recognition Source | R | 255 | Name of the source object on the related settings record. Automatically populated. |
| Recognition Template Name | * | 80 | Unique name for this template, such as Project - Equal Split. |
| Settings Type | R | Indicates the type of the related settings record. | |
| Use in Revenue Contract | R | Indicates if the selected settings record will be used in revenue contracts. When selected, by default any source records using this template will be excluded from forecasting and recognition processes. See About Parallel Reporting for more information. | |
| Value Type | R | Indicates the type of value that the related settings record processes: revenue, cost, or both. |
Calculation Conditions
Key: * - Mandatory if the related settings record includes Revenue as a selected Value Type; ** - Mandatory if the related settings record includes Cost as a selected Value Type;
| Field | Description | |
|---|---|---|
| Cost Basis | ** |
Determines whether the cost calculation is based on a single Total Cost figure or calculated (Total Cost Units multiplied by Cost Rate). This field only takes effect if the related settings record includes Cost as a selected Value Type. |
| Revenue Basis | * |
Defines whether the revenue calculation is based on a single Total Revenue figure or calculated (Total Units or Total Revenue multiplied by a percentage or rate). Total Revenue is the default. This field only takes effect if the related settings record includes Revenue as a selected Value Type. |
| Calculation Type | Defines whether the calculation is based on simple months, months with part periods, a 445 week split or actual days. This attribute is only applicable (and is mandatory) when the template's recognition method is Equal Split. | |
| Calculation Adjustment Type |
Defines how recognizable Equal Split values are recalculated when a source record's value, or its start or end date, changes after some of its recognition schedule lines have already been recognized. The options are:
For examples of the difference between retrospective and prospective adjustments, see Generating Recognition Schedules after Revenue or Cost Has Been Recognized. For the full rules about how recognition schedules are regenerated, see Regenerate Following Source Record Changes. |