This topic applies to the Revenue Recognition feature. Revenue Recognition is the key feature of NetSuite classic revenue recognition. Classic revenue recognition features are not available in new NetSuite implementations. Classic revenue recognition (also called legacy revenue recognition) is still supported for customers who previously enabled it. NetSuite currently offers the Advanced Revenue Management (Essentials) feature to automate revenue deferral and recognition.
When you use the Revenue Recognition feature, you can choose to automate the numbering of revenue recognition schedules. This enhances your ability to audit deferred and forecasted expenses.
To enable auto-numbering for revenue recognition schedules:
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Go toSetup > Company > Auto-Generated Numbers.
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Click the Schedules subtab.
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Check the Enable box next to Revenue Recognition Schedule.
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Enter the appropriate information in each column:
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Prefix
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Suffix
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Minimum Digits
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Initial Number
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Current Number
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After auto-generated numbering is enabled, revenue recognition schedules are listed by number instead of by name on transactions and lists. The name is preserved on each schedule.
After a schedule has been created, the schedule number appears as a link on journal entries related to that schedule. A schedule number link also replaces the View link on transactions that link to the schedule.