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Recognition Rule | Description |
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Even Distribution | In this approach, the revenue gets distributed evenly over the charge's lifecycle. |
At Invoice Creation Date | Revenue gets recognized as soon as the invoice is created. |
At Charge Range Start/End | Revenue recognition starts immediately, upon the beginning of the charge range. |
At Charge Range End | Revenue recognition occurs at the end of the charge period |
Recognize at Charge Date | Generally used for one-time charges, where revenue recognition is triggered on the date of the charge. |
Goods Received By Customer/Milestone | Revenue is recognized once the customer receives the goods or a specified milestone is achieved. |
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