Anil R Patil's Oracle Applications Blog

An Oracle Applications Knowledge Repository and Solution Center

What is Revenue Recognition ?

Posted by anilrpatil on December 22, 2009

I have seen a lot of people getting confused with the concept of Revenue Recognition. I have also seen some people who very well understand how Revenue Recognition works in Oracle Receivables (in technical terms), but do not clearly understand why it is done and what business objective it serves. Here is my atempt to explain the concept of Revenue Recognition. Hope it helps.

Click here to read the document

[Keywords: Revenue Recognition, Revenue Management, Deferred Revenue, Earned Revenue, Unearned Revenue, Bill in Advance]

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6 Responses to “What is Revenue Recognition ?”

  1. Nitin said

    Excellent compilation, Anil !!!

    Pls post some more articles of this type.

    Thanks
    Nitin

  2. anilrpatil said

    Thanks Nitin. I will try and do my best.

    Regards,
    Anil

  3. Girish said

    Great article Anil
    Regards
    Girish

  4. Amit Singhal said

    Thanks Anil to explain confusing concept in simple words.

    Amit

  5. Raman Kaur said

    Great article. Thanks a lot for it, I learned so much.

  6. Nechemia said

    Hello Anil,

    Thanks for this article.

    Can you add details regarding revenue recognition on ORACLE R12 ?

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