Manage a Revenue Rule
Create revenue rules, change rule configurations, activate, deactivate, or delete revenue rule
You can create revenue rules, change rule configurations, activate, deactivate, or delete revenue rule.
Navigation: Click your username at the top right and navigate to Settings > Finance > Manage Revenue Recognition Rules.
The following table describes options available when managing rules:
Column | Description |
|---|---|
Revenue Recognition Rule | The rule name. |
Recognition Model | A rule model is a template with recognition logic. The following rule models are supported: Billing
Custom The following rule mode is supported:
|
Active | Status of the rule.
|
Actions | Click edit to change the rule configuration. See Components and Configuration Options for configuration option details. Click activate or deactivate to change the status. Click delete to delete the rule. You can only delete a deactivated rule. |
Create a Revenue Rule
You can create up to 200 unique revenue rules in Zuora.
From the Manage Revenue Recognition Rules page:
- Select a revenue rule model from the drop-down list.
- Click create new revenue recognition rule.
- Configure the rule. See Components and Configuration Options for configuration option details.
- Click update rule to save changes.
Activate, deactivate, and delete a Revenue Rule
You can view the status of a revenue the Manage Revenue Recognition Rules page. The status of a revenue determines whether you can change the status, update the rule, or delete the rule.
- Click activate or deactivate in the actions column to change the status. You can deactivate a rule when it is not in use.
- Click delete from the actions column. You can delete a revenue rule that is deactivated.
Associate a Revenue Rule with a charge in your product catalog
You can apply a revenue rule to each product rate plan charge by editing the charge. By default, all product rate plan changes are associated with the Recognize upon invoicing rule.
The revenue rule that you associate with the product rate plan charge dictates the revenue recognition method and is tracked and managed by a revenue schedule.
The revenue rule must be active to associate with a product rate plan charge.
- Navigate to Products > Product Catalog, and select arate plan.
- Click edit next to the charge you want to associate with a recognition rule.
- In the Finance section, select a rule from the drop-down list.
- Assign accounting codes for recognized revenue and deferred revenue.
See product catalog for more information on how to access and create products, product rate plans, and charges in your product catalog. See accounting codes for more information on how to create accounting codes in your chart of accounts.
See Revenue Schedules for more information on how revenue rules can assist with creating revenue schedules and distributing revenue.