Recognize Revenue Scheduled Task

The Recognize Revenue Scheduled Task allows you to execute the revenue recognition process for the specified Accounting Period.

Note: The recognize revenue icon on the Accounting Period profile must be enabled to schedule the Recognize Revenue task. This happens only when:

• All the batches in the specified Accounting Period are closed.
• All the previous Accounting Periods are closed.
• Recognize revenue date must fall after the current date.

To Schedule the Recognize Revenue task for an Accounting Period:

1. Go to the Accounting Period profile for which you wish to schedule the Recognize Revenue task.
2. On the profile, click the recognize revenue icon on the Action bar.This will display the Recognize Revenue form.
3. On the Recognize Revenue Information section, the Fiscal Year, Period, and Business Unit fields are prepopulated. These fields are read-only.
4. Select a batch from the Batch field. You can also add a new batch using the Add button on the Batch field.
5. On the Scheduling section, the type of task being scheduled is listed in the Task Type field. This field is read-only and is dependent on the type of task you choose to schedule.
6. Enter the date (MM/DD/YYYY) and time (HH:MM AM/PM) in the Run Task Datetime field. The date and time values must be separated by a space. You can also use Date Time Picker button to schedule the run task datetime.
7. Clicking the Now  button will schedule this task to run as per the value set in the ScheduledTaskDefaultDelayMinutes system option from the current time.
8. If you would like to be notified regarding the status of your scheduled task, select an Email template from the Notify Template drop-down menu.
9. Enter the Email address you wish the notification Email to be delivered to in the Notify E-Mail field.
10. If the user has an Email set on their profile, the Email listed on their profile will be pre-populated in this field.
11. Set the conditions that will send a notification Email by selecting the appropriate Notify Conditions checkboxes. The conditions you have available are:
    • On Start?
    • On Success?
    • On Failure?
    • On Completion With Errors?
12. Click Save. You will be returned to the Accounting Period Profile page.

Once the Recognize Revenue task is scheduled, you can track or view the task details on the Task History child form available under the Scheduling tab of the Accounting Period profile.

The Task History child form contains following columns:

Columns	Description
Task	Displays the name of the task.
Status	Displays the Status of the task. Status examples include SCHEDULED, COMPWITHERROR, SUCCESS, and FAILED.
Succeeded	Displays the number of miscellaneous records created (always populate ‘1’ in the Succeeded column when task successfully executes). If the task execution end with error, this column displays ‘0’.
Failed	Displays ‘1’ in the column when the task execution ends with error. If the task successfully executes, the Failed column display ‘0’.
Total	Displays the total number of records (Succeeded + Failed) that the system tried to execute.
Start	Displays the date and time that the execution started.
End	Displays the date and time that the execution ended.
Duration	Displays the number of seconds the scheduled task took to process.
Message	This displays the status message returned from the task execution.

The Recognize Revenue task also gets listed in the List TaskFacade form (Admin module > Task Scheduler group item > List Tasks group item link) when scheduled for revenue recognition.

On the List TaskFacade form, click the Go To button to view the RecognizeRevenueTask Scheduler profile.