To define a default revenue recognition daybook for any entity that you use for revenue recognition purposes, use the Revenue Recognition Daybook field on the Entity menu (36.1.1.2).

The Revenue Recognition Daybook field is not mandatory, but when it contains a daybook, it must be of type Revenue Recognition. The lookup displays a full list of daybooks available. You can specify the same daybook in multiple entities.

You can also indicate whether to automatically flag auto-generated contracts as requiring a review. When this field is selected, all revenue contracts created by the auto-generation program are created as requiring a review. Any contract requiring a review is not considered by the revenue calculation program until the review is complete. You can override the setting in this field at customer level.