#85 | NetSuite Part 3 – Adding Revenue Allocation Groups in Setting Up Advanced Revenue Management

This is part 3 of setting up Advanced Revenue Management (ARM) in NetSuite.  In this quick guide, you will learn the step by step process for how to add revenue allocation groups.

[fusion_builder_container hundred_percent=”yes” overflow=”visible” margin_top=”20px” margin_bottom=”20px” background_color=”rgba(255,255,255,0)”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_separator style_type=”single solid” sep_color=”#f2f2f2″ border_size=”” icon=”” icon_circle=”” icon_circle_color=”” width=”” alignment=”center” class=”” id=””/][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_text]

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.

[/fusion_text][fusion_separator style_type=”single solid” top_margin=”20″ bottom_margin=”20″ sep_color=”#f2f2f2″ border_size=”” icon=”” icon_circle=”” icon_circle_color=”” width=”” alignment=”center” class=”” id=””/][fusion_text]

Adding Revenue Allocation Groups

Here are the steps to follow when adding revenue allocation group values:

• Step 1A: Go to Revenue → Setup → Revenue Allocation Groups → New to open the Revenue Allocation Group page.Step 1B: If your account is using the Administrator role, go to Setup → Accounting → Accounting Lists → New.
• Step 2: Click the Revenue Allocation Group link to open the page.

• Step 3: Enter a value in the Revenue Allocation Group This field allows letters, numbers, and underscore characters only. Do not include spaces or other special characters.

• Step 4: Click Save or Save & New.

Summary
If you missed parts 1 and 2 of setting up Advanced Revenue Management, you can go to the following tutorials.

• Part 1 – Enabling the Advanced Revenue Management (ARM) Feature
• Part 2 – Adding Item Revenue Categories & Setting Up Fair

[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]