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03-14-2019
05:22 AM
03-14-2019
05:22 AM
Revenue Recognition based on Initial Term
Hi,
Customer wants to use Initial Term as based of revenue recognition. Customer is offering Annual plan with 2 year contract. Customer is not using Salesforce, its Zuora UI only.
Question : what is the best way to forcast/view revenue for second year? Running billing in advance to genrate Invoice for second year is an option.
Is there any other option?
Note : Term start date may not be the same as Contract Effective or Service Activation date. Customer acceptance is not in use.
Regards,
Chirag