New transactions
This reference provides information on the new transactions category of the predefined contract modification rules.
The following modification rules in this category are triggered when a new line is added to the existing POB during the contract revision timeline as the amendment for the revenue contract.
|
Rule name |
Description |
|---|---|
|
New Line to undelivered existing Series Non Distinct POB. |
A new line is added to the consolidated non-distinct POB and all the other lines of the POB have not been recognized. For example, the current open period is Jan-2019. A contract (SO) is created in January 2019 based on a non-distinct POB and ends in December 2019. The POB release event is upon booking. No revenue has been recognized. Amendment occurs in the Jun-2019 period to add a new line to the existing POB of the revenue contract. |
|
New Line to undelivered existing Series Distinct POB |
A new line is added to the consolidated distinct POB and all the other lines of the POB have not been recognized. For example, the current open period is Jan-2019. A contract (SO) is created in January 2019 based on a distinct POB and ends in December 2019. The POB release event is upon booking. No revenue has been recognized. Amendment occurs in the Jun-2019 period to add a new line to the existing POB of the revenue contract. |
|
New Line to existing Series Non Distinct POB which is partially/fully satisfied |
A new line is added to the consolidated non-distinct POB and other lines of the POB have been partially or fully recognized. For example, the current open period is Jan-2019. A contract (SO) is created in January 2019 based on a non-distinct POB and ends in December 2019. The contract has been recognized until May 2019. Amendment occurs in the Jun-2019 period to add a new line to the existing POB of the revenue contract. |
|
New non-distinct good or service line to existing Series Distinct POB which is partially/fully satisfied. |
A new line is added to the consolidated non-distinct POB and other lines of the POB have been partially or fully recognized. For example, the current open period is Jan-2019. A contract (SO) is created in January 2019 based on a distinct POB and ends in December 2019. The POB release event is upon booking. The contract has been recognized until May 2019. Amendment occurs in the Jun-2019 period to add a new line to the existing POB of the revenue contract. |