Anil R Patil's Oracle Applications Blog

An Oracle Applications Knowledge Repository and Solution Center

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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]

This entry was posted on December 22, 2009 at 12:21 am and is filed under Receivables, Revenue Accounting. Tagged: , , , , , , , , , . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “What is Revenue Recognition ?”

  1. Nitin said

    December 22, 2009 at 10:53 pm

    Excellent compilation, Anil !!!

    Pls post some more articles of this type.

    Thanks
    Nitin

    Reply

  2. anilrpatil said

    December 24, 2009 at 10:34 am

    Thanks Nitin. I will try and do my best.

    Regards,
    Anil

    Reply

  3. Girish said

    January 11, 2010 at 2:25 am

    Great article Anil
    Regards
    Girish

    Reply

  4. Amit Singhal said

    July 25, 2010 at 5:30 pm

    Thanks Anil to explain confusing concept in simple words.

    Amit

    Reply

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