Fully Automated

The entire revenue recognition process occurs automatically when certain events occur, such as when an invoice is posted.

Fully automated rule models are a good choice if your organization uses standard billing-based revenue recognition logic.

Billing-based:

• Daily recognition over time

• Monthly recognition over time

• Full recognition on a specific date

• Full recognition upon invoicing

Assisted

Part of the recognition process is automatic. Revenue schedules are auto-created when certain events occur. Revenue is distributed manually. You control the amount of revenue to distribute into accounting periods and when.

Assisted rules are a good choice for business-to-business companies with complex billing logic.

Examples of manual recognition include:

• A subscription is activated and the service charge is paid in advance, but the start date is delayed for an unknown period. You want to control when to recognize revenue.

• A project-based service is measured based on predefined milestones or timesheet approvals. Revenue can only be recognized when these milestones are reached or timesheets are approved.

Billing-based:

• Manual recognition

Fully Customized

You have complete control over the recognition process. Revenue schedules and the distribution of revenue is manual.

Fully customized rule models are a good choice for companies that use another method outside billing-based logic to recognize revenue.

Custom:

• Unlimited recognition