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Recognition Rule

Description

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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