SECTIONSDefault Settings for Performance Obligation
We recommend you use the Create Setup for Using Revenue Contracts feature in Feature Console to automatically create standard recognition settings and templates for revenue contracts and performance obligations.
If you create a recognition settings record manually for the Performance Obligation object, this table provides suggested default values.
| Field | Value | Notes |
|---|---|---|
| Recognition Settings Name | Performance Obligation - Manual | |
| Settings Level | Level 2 | |
| Object | ffrr__PerformanceObligation__c | |
| Parent Recognition Settings | Revenue Contract - Manual | |
| Parent Lookup | ffrr__RevenueContract__c | |
| Value Type | Revenue,Cost | |
| Settings Type | Actual | |
| Use in Revenue Contract | FALSE | This checkbox must be OFF. |
| Recognition Transaction Line Lookup | ffrr__PerformanceObligation__c | |
| Recognition Schedule Lookup | ffrr__PerformanceObligation__c | Revenue Management creates this lookup field on the Recognition Schedule object. |
| Recognition Schedule Line Lookups | ffrr__PerformanceObligation__c,ffrr__RevenueContract__c,ffrr__Engagement__c | Revenue Management creates these lookup fields on the Recognition Schedule Line object. |
| Parent Relationship Paths | Id,ffrr__RevenueContract__c,ffrr__RevenueContract__r.ffrr__Engagement__c | These are the source fields that will populate the fields identified in the Recognition Schedule Line Lookups field. |
| Display Information | Name | |
| Description | ffrr__Description__c | |
| Start Date | ffrr__StartDate__c | |
| End Date/Deliverable Date | ffrr__EndDate__c | |
| Total Revenue | ffrr__AllocatedRevenue__c | |
| Total Cost | Cost__c | |
| Active Field | ffrr__ReadyForRevenueRecognition__c | |
| Active Value | TRUE | |
| Include Active Value | Include | |
| Document Currency | CurrencyIsoCode | |
| % Complete | ffrr__PercentComplete__c | |
| Completed Field | ffrr__Completed__c | |
| Completed Value | TRUE | |
| Include Completed Value | Include | |
| Recognition Complete | ffrr__RevenueRecognitionComplete__c | |
| Revenue Recognized To Date Value | ffrr__RecognizedToDate__c | |
| Cost Recognized To Date Value | ffrr__AmortizedToDate__c | |
| Income Statement GLA | ffrr__IncomeStatementAccount__c | |
| Balance Sheet GLA | ffrr__BalanceSheetAccount__c | |
| Cost Center | ffrr__CostCenter__c | |
| Income Statement GLA (Cost) | ffrr__CostIncomeStatementAccount__c | |
| Balance Sheet GLA (Cost) | ffrr__CostBalanceSheetAccount__c | |
| Cost Center (Cost) | ffrr__CostCostCenter__c |