Reverse Earned Revenue Processing
Use the Reverse Earned Revenue Processing screen to undo G/L entries originally generated using Service Contract Earned Revenue.
From the Site Map, select .
This feature will only select records that were originally created using Service Contract Earned Revenue, ignoring any history records that were generated during Reverse Earned Revenue Processing, or related to an 'As billed' transaction. This feature will also automatically deselect any history records that have already been reversed.
If the billing source for the contract is from Service Contract, the contract will be included in the batch. If the billing source for the contract is from Work Order, then that contract will be skipped during the report compilation and update.
Once the Reverse Earned Revenue Register has been previewed or printed, the software will determine if the 'Post to G/L' flag in
is selected. If selected, the amounts from the Reverse Earned Revenue Register will update in summary to General Ledger and added to the earned revenue history table as of the specified reverse G/L date. If it is not selected, the update will not write to the G/L tables.