SECTIONSRecognition Management Page
This is your home page for managing revenue and cost recognition through Analytics. For visualizing the grid and recognizing revenue, the revenue manager needs the Analytics View License.
This page gives you:
- A consolidated view of scheduled, recognized, and remaining revenue and cost with progress metrics.
- The center for monitoring and analyzing revenue and cost schedules.
- A comprehensive, filtered view of all revenue schedule lines.
To manage data for efficient targeted analysis, you can apply filters at the top of the grid to narrow the focus to the following:
- Companies
- Scheduled periods
- Currencies
- Accounts
- Recognition sources
- Source records
- Status
You can add additional filters, add columns, change column order, and customize the grid according to your recognition needs with an Analytics Full user license.
Recognition Management Summary
The grid provides a consolidated view of scheduled, recognized, and remaining revenue and costs with progress metrics. Use the dynamic filtering options to quickly get precise insights into the exact schedules you need to process.
The Filters Panel
The filter panel helps you precisely segment the schedules shown in the grid. This makes it easy to target specific datasets for recognition processing or detailed financial analysis.
| Field | Description |
|---|---|
| Company | Filters the grid by specific companies. |
| Scheduled Period | One or more periods whose data is displayed in the grid. By default, the current period is selected. |
| Currency | Filters the grid by specific currencies. |
| Account | Filters the grid by specific accounts. |
| Recognition Source | Filters the grid by the source record's object type. This is the object's API name. |
| Source Record | Filters the grid by the source record related to the corresponding revenue schedule. |
| Status | Filters the grid by specific statuses. By default, this is set to Recognizable. You can update it by clicking on the filter. |
Actions
| Name | Description |
|---|---|
| Automate Processes |
Automates the end-to-end process from generating and recognizing the recognition schedules to creating Accounting journals. For more information, see End-to-End Automation of Recognition Schedule Processes |
| Synchronize Recognition Schedules |
Updates and aligns recognition schedules with their corresponding source records to ensure data consistency across the system. For more information, see Synchronous and Asynchronous Recognition Schedule Generation |
| Refresh Analytics Data | Triggers an update of the Analytics data for all records within the Analytics dataset, pulling the most recent values from the underlying source records. For more information, see Refreshing Analytics Data for Recognition Schedule Processes. |
| Recognize |
Starts a process to recognize the scheduled revenue and cost currently displayed in the grid. For more information, see Recognizing Revenue and Cost against Recognition Schedules. |
| Modified | Allows you to load, save, manage, or clear specific data views. Appears only when a filter is set. |
Button
| Button | Name | Description |
|---|---|---|
|
High Contrast | Allows you to toggle the interface into a different color mode for better visual clarity. |
|
Analytics Studio | Provides a direct link to the Analytics Studio for deeper data exploration. |
|
Return to Initial View | Resets all active filters and returns the page to its default state. Appears only when a filter is set. |
The last updated data reflects the last time the recipe was run. However, this information is only as current as your last revenue schedule and Analytics data synchronization. For the most accurate reporting, always synchronize your revenue schedules before refreshing the data. For more information, see Synchronizing Recognition Management Data in Analytics.
KPIs
The Recognition Management page displays KPIs above the Recognition Management Lines grid, providing a summary of revenue and cost information by currency. The KPI values reflect the filters applied in the filters panel.
The KPIs are grouped into two expandable sections. To expand or collapse a section, click the section header.
Revenue
| Field | Description |
|---|---|
| Scheduled Revenue | The total amount of revenue scheduled to be recognized for the selected filters. |
| Recognizable Revenue | The total amount of revenue available to be recognized for the selected filters. |
| Recognized Revenue | The total amount of revenue that has been recognized for the selected filters. |
| Revenue Realization Rate | The percentage of scheduled revenue that has been recognized across the filtered data. |
Cost
| Field | Description |
|---|---|
| Scheduled Cost | The total amount of cost scheduled to be recognized for the selected filters. |
| Recognizable Cost | The total amount of cost available to be recognized for the selected filters. |
| Recognized Cost | The total amount of cost that has been recognized for the selected filters. |
| Cost Realization Rate | The percentage of scheduled cost that has been recognized across the filtered data. |
Grid
Each row in this grid is a summary of recognition schedule lines with the same company, scheduled period, currency, account, recognition source, and source record applied on the filters panel.
| Field | Description |
|---|---|
| Account | The account that the revenue or cost relates to. |
| Company | The company that the source records relate to. |
| Currency | The currency of the source records. |
| Previously Recognized Cost | The amount of scheduled cost recognized till period. |
| Previously Recognized Revenue | The amount of scheduled revenue recognized till period. |
| Recognition Source | The object type of the source record. |
| Scheduled Cost | The amount of scheduled cost to be recognized against the recognition schedule lines for the scheduled period. |
| Scheduled Period | The period when the revenue or cost is scheduled to be recognized. |
| Scheduled Revenue | The amount of scheduled revenue to be recognized against the recognition schedule lines for the scheduled period. |
| Source Record | The name of the source record. |
| Status | The status of this recognition schedule line: Pending, Recognizable, Complete, or Invalid. |
| Recognition Template | The template applied to the record that defines the recognition method and settings. |
| Total Recognizable Cost | The sum of all previous period costs to be recognized against the recognition schedule lines for this period. |
| Total Recognizable Revenue | The sum of all previous period revenues to be recognized against the recognition schedule lines for this period. |
| Total Remaining Cost | The amount of remaining cost to be recognized against the recognition schedule lines for the scheduled period. |
| Total Remaining Revenue | The remaining amount of revenue to be recognized against the recognition schedule lines for the scheduled period. |
Using List Selector for Recognition Management Lines
The List Selector acts as a filter within your dashboard, allowing you to add new filter options based on existing fields in the Recognition Schedule Lines data with an Analytics Full user license. To add a new list selector to the dashboard for the recognition management lines, follow the below steps:
- Click
to edit the dashboard. - Add a new List Selector widget to the dashboard, for example, use the Status field for the new selector.
- Press Ctrl + E for Windows or Cmd + E for Mac to open the dashboard's JSON definition.
-
Locate the JSON object for the new list selector.
- Find the step property within the selector's configuration object.
- Edit the value to the required naming format s_select_fieldname.
- In the example using the Status field, the step should be changed to s_select_status.
- Save the dashboard.
This process enables you to add new filter options from existing fields in the Recognition Schedule Lines to customize the way you analyze and monitor your revenue data.