At our March 9th, 2023 Zuora Revenue Workshop, @Nikki Wong, Senior Director of Product Management in Zuora Revenue shared what’s new in the Zuora Revenue 37.012.00 release and included a Tool Tip on how Zuora Revenue derived the amount for long-term vs. short-term contract liability.
Contract Liability is a Balance Sheet account and is subject for short term vs long term classification as per Accounting Guidances. Zuora Revenue has provided automated short term vs long term reclassification functionality for our customer to address the needs. During each period end close, customers can initiate the Accounting LT/ST Reclass feature from the main menu to perform the reclassification.
Learn More
View Presentation | Watch Full Recording
Topics Covered:
Stay Up-To-Date with Revenue Releases and Maintenance
By joining the Zuora Revenue Notifications community, you will receive emails about Revenue Maintenance and Release Notifications including deployment schedules, the release window, and issues fixed. Please subscribe by following these steps.
#ZuoraRevenue