Budget Legacy Record and Custom Segments in
SuiteAnalytics
A new record type, Budget Legacy, has been added to SuiteAnalytics. This new record supports custom segments on budgets in SuiteAnalytics datasets. To access this new record, click New Dataset on the Dataset subtab of the Analytics Home page. Then select the Budget Legacy root record type. Previously, NetSuite did not support adding custom segment fields to the Budget Dataset. Now, if you create a custom segment for a budget, the field appears on the Budget Legacy Dataset page. For more information about workbooks and datasets, see the help topic Custom Workbooks and Datasets. For more information about budgets, see the help topic Budgets in NetSuite. Kit/Package Item Prospective Merge Calculation
Enhancements
This release includes enhancements to how NetSuite calculates revenue recognition plan amounts for kit/ package items that meet the following criteria during a prospective merge:
- Auto-Expansion for Revenue Management box is checked on the kit/package item.
- The revenue arrangement contains multiple kit component elements with different Create Revenue
Plans On types. For more information about the Create Revenue Plans On field, see the help topic
Item Configuration for Advanced Revenue Management (Essentials) and (Revenue Allocation).
Change
Previously, running a prospective merge for a revenue arrangement that has kit component elements with different Create Revenue Plans On types often resulted in incorrect revenue plan amounts on the new revenue arrangement. Now, the revenue recognition plan amounts on the new revenue arrangement are accurate after running a prospective merge. For more information about kit/package items, see the help topic Auto-Expansion of Kit Items.
Prospective Merge Exchange Rate Enhancement
This release includes an enhancement to the exchange rate calculation after prospectively merging revenue arrangements with different foreign currency exchange rates. Previously, the exchange rate in a prospective merge was the Residual Sales Amount (base currency) divided by the Residual Sales Amount (revenue arrangement currency).
Now, the exchange rate does not change after running a prospective merge. The exchange rate in a
prospective merge is the Prorated Discounted Sales Amount (base currency) divided by the Prorated Discounted Sales Amount (foreign currency). For more information about prospective merges, see the help topic Prospective Merges.
Four new fields appear on the revenue element subtab and revenue element record. For more
information about these fields, see the help topic Revenue Element Field Reference. These fields only appear when the Advanced Revenue Management (Revenue Allocation) feature is enabled. For more information, see the help topic Enabling the Advanced Revenue Management (Revenue Allocation) Feature.