{ "item_title" : "Configuring NetSuite ERP Advanced Revenue Management (ARM)", "item_author" : [" Infowave Mrv "], "item_description" : "Configuring NetSuite ERP Advanced Revenue Management (ARM): A Step-by-Step Guide to Automating Revenue Recognition and Ensuring ASC 606 ComplianceIn today's competitive landscape, mastering NetSuite's Advanced Revenue Management (ARM) isn't just a skill-it's a career supercharger. This definitive guide from InfoWave MRV is your ticket to becoming an indispensable expert in revenue automation and ASC 606 compliance.Forget dense theory. This book provides a practical, step-by-step configuration roadmap designed for immediate application. Each of the 20 hands-on chapters includes a clear overview and specific learning outcomes, ensuring you build real-world skills from day one.Whether you are a student aiming to stand out, an executive demanding financial clarity, or a professional seeking to lead complex implementations, this guide is your key to success. You will learn to automate revenue, eliminate compliance risks, and deliver unparalleled value. Don't just learn about ARM-master it. Elevate your expertise, boost your career, and become the go-to authority your organization needs.Contents at a GlancePart 1: The Foundation of Modern Revenue RecognitionThis section sets the stage, explaining the why before diving into the how. It's crucial for executives and newcomers to grasp the business and regulatory context.Chapter 1: Introduction: The Revenue Recognition RevolutionChapter 2: Demystifying ASC 606: The 5-Step Model in Plain EnglishChapter 3: Getting Started: Navigating the NetSuite ARM LandscapePart 2: Core Configuration: Building the ARM EngineThis section is the heart of the setup process. Each chapter is a hands-on workshop for configuring the building blocks of ARM.Chapter 4: Step-by-Step: Creating and Managing Revenue Recognition RulesChapter 5: Step-by-Step: Configuring Item Records for ARMChapter 6: Step-by-Step: Managing Standalone Selling Prices (SSP)Part 3: The Transactional Lifecycle: From Sales Order to Recognized RevenueThis section follows the data flow, showing readers how their configuration work pays off in day-to-day operations.Chapter 7: The Source Transaction: Creating an ARM-Ready Sales OrderChapter 8: The Revenue Arrangement: The Central Hub of a ContractChapter 9: The Revenue Plan: Generating and Managing Recognition SchedulesChapter 10: Posting to the GL: Creating and Approving Revenue JournalsPart 4: Handling Real-World ComplexityBusiness is rarely simple. This section provides step-by-step guides for the most common and complex scenarios consultants and professionals face.Chapter 11: Scenario 1: Percent-Complete for Project-Based RevenueChapter 12: Scenario 2: Contract Modifications (Upsells and Cancellations)Chapter 13: Scenario 3: Bundles with Variable ConsiderationChapter 14: Scenario 4: Managing Unbilled and Deferred RevenueChapter 15: Scenario 5: Carve-Outs and Cost Amortization (ASC 340-40)Part 5: Reporting, Auditing, and GovernanceThis final section focuses on extracting value from the system, ensuring compliance, and maintaining a healthy configuration. It's vital for controllers, executives, and auditors.Chapter 16: Reporting and Analytics: Monitoring Revenue HealthChapter 17: The Month-End Close: A Controller's Checklist for ARMChapter 18: Data Migration and Go-Live: Moving to ARMChapter 19: Preparing for Your Audit: ARM and ComplianceChapter 20: Conclusion: Best Practices for Long-Term Success", "item_img_path" : "https://covers4.booksamillion.com/covers/bam/9/79/829/299/9798292998211_b.jpg", "price_data" : { "retail_price" : "49.99", "online_price" : "49.99", "our_price" : "49.99", "club_price" : "49.99", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

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