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Set up Revenue Recognition

Learn how to set up Revenue Recognition

Setting up Revenue Recognition involves defining rules that automatically or manually create and distributes revenue into accounting periods.

  1. Plan the implementation. Review the revenue rule models that fit your recognition policies. You can implement many rule models, but you can only associate one revenue rule to one product rate plan charge.
  2. Manage a revenue rule configuration. Use Zuora pre-configured revenue rules or create your own revenue rules.
  3. Associate a revenue rule with each product rate plan charge in your product catalog.
  4. Set the revenue automation start date . This is a one-time step that starts triggering revenue rules and auto-creating revenue schedules. You cannot revert or change the start date once it is set.
    Optionally, define

    revenue event types

    . Zuora has standard revenue event types, but you can create your own.