Accounting › Revenue Recognition
Revenue Templates
How a kind of obligation is earned, so "monthly subscription" means the same thing on every contract and a new one does not invent its own rule.
Where to find it
- Module: Accounting
- Group: Recognition
- Section: Revenue Recognition
- Screen: Revenue Templates
Address in the console: /accounting/rev-templates
List · 8 columns · 15 fields on its form · 3 of them required
What the list shows
These are the columns of the list, in the order they are drawn. Any of them can be sorted on, filtered on, hidden, or exported.
| Column | Kind | Field name |
|---|---|---|
| Template | Code | code |
| Name | Text | name |
| Timing | Status | timing |
| Measure | Status | measure |
| Trigger | Status | trigger_event |
| Revenue | Code | revenue_account_no |
| Deferred | Code | deferred_account_no |
| In use | Number | usage_count |
The form
What is asked for when a record is created here. Required fields are marked; a choice drawn from a configuration list is one an administrator can extend without a release.
| Field | Type | Choices | Notes |
|---|---|---|---|
| Code required | Text | ||
| Name required | Text | ||
| Timing required | Choice | Configuration list | A licence at a point in time is 180,000 in March; over time it is 5,000 a month. |
| Progress measure | Choice | Configuration list | |
| Trigger event | Choice | delivery, acceptance, invoice, shipment, go_live, activation, service_date, manual | |
| Default term (months) | Number | ||
| Revenue account | Choice | Looked up from existing records | |
| Deferred revenue account | Choice | Looked up from existing records | |
| Unbilled receivable account | Choice | Looked up from existing records | |
| Capitalise costs to obtain the contract | Yes or no | A sales commission is capitalised and amortised over the revenue it earned. Half of every transition adjustment. | |
| Capitalised cost account | Choice | Looked up from existing records | |
| Cost amortisation account | Choice | Looked up from existing records | |
| Distinct by default | Yes or no | ||
| Active | Yes or no | ||
| Description | Long text |
The rules that apply here
Everything on this screen obeys the platform rules rather than rules of its own. The ones worth knowing before you use it:
- Narrowing a list — search, conditions, sort, totals, export and saved views.
- What may be changed — the five grounds a record may not be edited on.
- Companies and business units — what the switcher above this list is doing to it.
- Creating a record — required fields, where choices come from, and how the number is allocated.
- Importing a spreadsheet — this screen accepts one, and it runs through the same rules as typing.