The Compliant Indicator in NetSuite can be easily checked, but it is more significant to understand the reason behind why it is checked or unchecked. You will learn that in this tutorial.

We will cover the following topics:

I suggest you watch the video. It’s easier to understand if you are a visual/audio learner. The content below is the same as the video. It’s for those who learn by reading.

 

Steps in Viewing the Compliant Indicator

To check the compliant indicator or compliant box, log in to NetSuite and follow these steps:

  • Step 1: Go to Transactions → Financial → Revenue Arrangement.
  • Step 2: To view the compliant box, click View next to any of the revenue arrangements entries.
revenue arrangements page
Click View next to any of the revenue arrangements entries.

 

Compliant Indicator: Checked

Revenue arrangement compliant box checked
Compliant Indicator: Checked

Here, you will see that the Compliant box is automatically checked. This happens if:

  • The revenue arrangement is not a qualified multi-element arrangement and revenue allocation is not required.
    • Examples: The Transaction Is Allocation Bundle box is not checked or the revenue arrangement includes only one element.
  • Revenue allocation is required, and it is completed successfully the last time allocation was run.

 

Compliant Indicator: Not Checked

The Compliant box is not checked only if:

  • It was cleared manually to enable reallocation.
  • The system executed revenue allocation for the revenue arrangement failed. When allocation fails, an error is logged in the Revenue Arrangement Message subtab and the Error field of the Allocation Detail

It is also important to know that when you do the following, you can expect these results:

Scenario Expected Result
  • Compliant box is checked.
  • Transaction Is Allocation Bundle box is checked.
Transaction Total = Total Revenue Amount
  • Edit the revenue arrangement and check both Compliant and Transaction Is Allocation Bundle boxes.
  • But the Transaction Total does not equal the Total Revenue Amount
You cannot save the arrangement.

 
Summary
You just learned how to view the Compliant Indicator and some important pointers to remember when it’s checked and unchecked. To recap, you can click on the links below.

 

watch video in youtube

 

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