Revenue Source (RSR2)

Revenue Source (RSR2) defines revenue sources that appear in the revenue budget and on revenue transactions. This table also establishes higher-level classifications of the revenue source codes and identifies the default balance sheet account charged to offset revenue recognition entries in the ledgers .

Revenue source is the starting point for a classification hierarchy that puts similar revenue sources together in progressively larger groups. Revenue source is the level used in the budget. Similar revenue sources make a revenue class, and similar revenue classes make a revenue category. Sub-revenue source codes are a subdivision of revenue source codes.

A revenue source code is always required. The rest of the hierarchy is used for reporting purposes only and is optional. You might use part of the revenue source hierarchy or none at all.


Fiscal Year	Key field. Enter the last two digits of the applicable fiscal year.
Revenue Source	Key field. Enter the revenue source code. If adding a new line, enter a new value; if changing or deleting an existing line, enter the affected value.
Name	Optional. Enter the revenue source name. If left blank, this field is blank on reports.
Short Name	Optional. Enter the name that you want to appear on reports when there is not enough room for the full name.
Class	Conditional. Required if you report by revenue class. Refer to Revenue Class (RCLS) for valid values.
Category	Optional. Required if you report by revenue category. Refer to Revenue Category (RCAT) for valid values.
Type	Optional. Required if you report by revenue type. Refer to Revenue Type (RTYP) for valid values.
Group	Optional. Required if you report by revenue group. Refer to Revenue Group (RGRP) for valid values.
Revenue Credit Reduces Billings/Draws	Optional. Select [Y] if this revenue source is designated to record reductions to billings or draws. Selecting this field will disallow this revenue source from being used to generate billing/draw documents.
Project Fund Type	Default is None [blank] . Enter the type of funding source for use with Extended Projects. Valid selections are: Federal [01] Entity [02] Bond Funds [03] Local/Other [04] None [blank]
Offset Billed Receivables Account	Optional. Enter the balance sheet account that you want to debit when billed receivables for this revenue source are recognized. Use an account whose Account Type is Asset [01] on Balance Sheet Account (BAC2).
Revenue Source is Operating	Default is cleared [ N ]. Select [ Y ] to indicate that the revenue source is operating. Leave cleared [ N ] to indicate that the revenue source is non-operating.
Use Tax Calculation	Default is Not Applicable [blank] . Select Yes [Y] to calculate use tax on this revenue source during the period from invoicing to receipt of cash. Select No [N] if you do not want to calculate use tax on this revenue source.
Sub-Revenue Source Required	Default is Not Applicable [blank]. Select Yes [Y] if you want a sub-revenue source value required on documents when this revenue source is entered. Otherwise, select No [N] . For more information, refer to the User's Guide .
FASB Class	Default is Not Applicable [blank] . If FASB/GASB on System Options (SOP2) is FASB [F] , valid values are: Unrestricted [U] Temporarily Restricted [T] Permanently Restricted [P] When FASB/GASB is GASB [G] , select Not Applicable [blank] .