Hi, Does anyone know the difference between ARM an...
# general
m
Hi, Does anyone know the difference between ARM and the legacy Rev Rec? It would be great if you recommend an article and/or SuiteAnswers, though I couldn't see anything within SuiteAnswers. Thanks 👍
a
Revenue Recognition is still supported so it is all documented in the Help Center - topic is Using Revenue Recognition. I can't find an article for key distinctions between Legacy rev rec and ARM, but primarily ARM is ASC 606 compliant and enables allocating revenue across revenue elements which was not supported under legacy rev rec.
m
Thanks @Alex K I will check the articles.