The revenue earned for the current period. Actual Revenue is posted to General Ledger and reported on financial statements.

The source of revenue contained in a Revenue Agreement. Agreement Fees track the amount of revenue that is recognized for each item and the period for which the revenue is recognized.

Represent the changes to the amount of revenue recognized during a period.

Show the amount of revenue to be recognized during a period for a revenue fee. They contain the actual revenue as well as the forecasted revenue.

Represents the summary of all recognized and forecast revenue and deferred revenue balances for a single period for all agreement fees within an agreement.

Revenue for services that have not yet been performed or goods that have not yet been delivered.

A promise in a contract with a customer to transfer to the customer either:

• A good or service (or a bundle of goods or services) that is distinct.
• A series of distinct goods or services that are substantially the same and that have the same pattern of transfer to the customer.

Type of revenue recognition rule that recognizes the fee amount over a period of time and calculates the deferred balance accordingly.

The primary method used to verify the accuracy of an account's balance.

The binding agreement between two or more parties that defines the terms under which revenue will be recognized.

Allocation of revenue across multiple products based on a discount for selling them together.

Predicts a company's future financial state. Forecasted Revenue allows executives to plan future activities and provide guidance to investors and stakeholders on future performance.

The process used to align revenue with the delivery of goods and services.

Defines how to recognize revenue for an Agreement Fee.

Determines how revenue will be recognized. Revenue Recognition Rules are the foundation rules of the policy that a company follows.

The rounding method for computing the revenue term. Valid values are UP, DOWN, HALF_UP, and HALF_DOWN.

Type of revenue recognition rule that recognizes the fee amount over a period of time but does not track deferred revenue.

The net of net price and variable consideration.

Variable amount that is promised within a contract be included as a consideration for revenue recognition.