{"product_id":"configuring-netsuite-erp-advanced-revenue-infowave-mrv-9798292998211","title":"Configuring NetSuite ERP Advanced Revenue Management (ARM): A Step-by-Step Guide to Automating Revenue Recognition and Ensuring ASC 606 Compliance","description":"\u003cb\u003eConfiguring NetSuite ERP Advanced Revenue Management (ARM): A Step-by-Step Guide to Automating Revenue Recognition and Ensuring ASC 606 Compliance\u003c\/b\u003e\u003cp\u003eIn 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.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003eForget 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.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003eWhether 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.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e\u003cb\u003eContents at a Glance \u003c\/b\u003e\u003cp\u003e\u003c\/p\u003e\u003cbr\u003ePart 1: The Foundation of Modern Revenue Recognition\u003cbr\u003e\u003ci\u003eThis 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.\u003c\/i\u003e\u003cp\u003e\u003cb\u003eChapter 1: Introduction: The Revenue Recognition Revolution\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 2: Demystifying ASC 606: The 5-Step Model in Plain English\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 3: Getting Started: Navigating the NetSuite ARM Landscape\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e\u003cb\u003ePart 2: Core Configuration: Building the ARM Engine\u003c\/b\u003e\u003cbr\u003e\u003ci\u003eThis section is the heart of the setup process. Each chapter is a hands-on workshop for configuring the building blocks of ARM.\u003c\/i\u003e\u003cp\u003e\u003cb\u003eChapter 4: Step-by-Step: Creating and Managing Revenue Recognition Rules\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 5: Step-by-Step: Configuring Item Records for ARM\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 6: Step-by-Step: Managing Standalone Selling Prices (SSP)\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e\u003cb\u003ePart 3: The Transactional Lifecycle: From Sales Order to Recognized Revenue\u003c\/b\u003e\u003cbr\u003e\u003ci\u003eThis section follows the data flow, showing readers how their configuration work pays off in day-to-day operations.\u003c\/i\u003e\u003cp\u003e\u003cb\u003eChapter 7: The Source Transaction: Creating an ARM-Ready Sales Order\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 8: The Revenue Arrangement: The Central Hub of a Contract\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 9: The Revenue Plan: Generating and Managing Recognition Schedules\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 10: Posting to the GL: Creating and Approving Revenue Journals\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e\u003cb\u003ePart 4: Handling Real-World Complexity\u003c\/b\u003e\u003cbr\u003e\u003ci\u003eBusiness is rarely simple. This section provides step-by-step guides for the most common and complex scenarios consultants and professionals face.\u003c\/i\u003e\u003cp\u003e\u003cb\u003eChapter 11: Scenario 1: Percent-Complete for Project-Based Revenue\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 12: Scenario 2: Contract Modifications (Upsells and Cancellations)\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 13: Scenario 3: Bundles with Variable Consideration\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 14: Scenario 4: Managing Unbilled and Deferred Revenue\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 15: Scenario 5: Carve-Outs and Cost Amortization (ASC 340-40)\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e\u003cb\u003ePart 5: Reporting, Auditing, and Governance\u003c\/b\u003e\u003cbr\u003e\u003ci\u003eThis final section focuses on extracting value from the system, ensuring compliance, and maintaining a healthy configuration. It's vital for controllers, executives, and auditors.\u003c\/i\u003e\u003cp\u003e\u003cb\u003eChapter 16: Reporting and Analytics: Monitoring Revenue Health\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 17: The Month-End Close: A Controller's Checklist for ARM\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 18: Data Migration and Go-Live: Moving to ARM\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 19: Preparing for Your Audit: ARM and Compliance\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChapter 20: Conclusion: Best Practices for Long-Term Success\u003c\/b\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Infowave Mrv\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9798292998211\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Independently Published\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/18\/2025\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 176\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.93lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 11.00h x 8.50w x 0.38d","brand":"Infowave Mrv","offers":[{"title":"Paperback","offer_id":47427779297535,"sku":"9798292998211","price":49.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_75c64c16-f9f2-4913-ab10-7333e98c3625.jpg?v=1761581542","url":"https:\/\/www.whiterainbookhouse.com\/products\/configuring-netsuite-erp-advanced-revenue-infowave-mrv-9798292998211","provider":"WR Book House","version":"1.0","type":"link"}