Revenue Recognition

Enabled for Public preview General availability
End users by admins, makers, or analysts This feature is released. Aug 5, 2019 This feature is released. Oct 1, 2019

Feature details

New capabilities will include support for product bundles and kits such as:

  • Software and maintenance
  • Software and services
  • Software
  • Hardware and service

These capabilities will handle the following features:

  • Revenue pricing
  • Revenue schedules
  • Bundle setup
  • Multiple sales order reallocation
  • Workspace navigation and reporting

Revenue pricing

Users can enter a different price that they will recognize as different from what they charge the customer.

Revenue pricing screenshot

Revenue schedules

Revenue schedules determine the number of months for the revenue deferral. Options are available to create the schedule based on actual days of the month, splitting equally across month or based on a set number of occurrences.

Revenue schedules screenshot

Multiple sales order reallocation

Multiple sales order reallocation screenshot

Workspace

The new workspace is used to look at the status of the revenues schedule records created for deferred revenue.

Revenue recognition workspace screenshot

See also

Revenue recognition overview (docs)