How is unreleased revenue calculated for a multi-currency RC?
For a multi-currency RC, the dates for contract and billings are different, so the FX rates are different. How is the difference between allocated amounts and the total waterfall amounts handled in the unreleased revenue?
Re: How is unreleased revenue calculated for a multi-currency RC?
The RC header logic is as follows:
- The Contract Value and Transaction Price values are calculated based on the line-level functional exchange rate.
- The Revenue To Date and Future Scheduled Revenue values are calculated based on the schedule level functional exchange rate.
- The Unreleased Revenue value is calculated based on the following:
Revenue to Date + Future Scheduled Revenue - Contract Value