Loading
Feature degradation | Gmail Email delivery failureRead More
Manage Your Billing Processes with Salesforce Billing
Table of Contents
Filter by (0)Add
Select Filters

          No results
          No results
          Here are some search tips

          Check the spelling of your keywords.
          Use more general search terms.
          Select fewer filters to broaden your search.

            Search all of Salesforce Help
            Search all of Salesforce Help
            Set Up a Revenue Recognition Rule for Daily Proration

            You are here:

            1. Salesforce Help
            2. Docs
            3. Salesforce Billing

            Set Up a Revenue Recognition Rule for Daily Proration

            Create a revenue recognition rule that proportionately distributes the amount paid for a product or service on a monthly recurring basis over the course of the billing term. (Salesforce Billing Managed Package)

            Required Editions

            Available in: All Salesforce Billing Editions

            We’re using invoice-based revenue recognition for this revenue recognition rule.

            1. Create your revenue recognition rule.
              1. From the revenue recognition rule object, click New.
              2. Give your revenue recognition rule a name. We recommend something simple and descriptive, such as Ratable Monthly Proration.
              3. Select Active.
            2. On your rule, create a revenue recognition treatment.
              1. Click New Revenue Recognition Treatment.
              2. Give your revenue recognition rule a name. We recommend something simple and descriptive, such as Ratable Monthly Proration Treatment.
              3. Set the revenue schedule creation action to Invoice Posting.
              4. Set the revenue schedule amount to Transaction Amount.
              5. Set your revenue legal entity, revenue gl rule, and revenue finance book based on your business needs.
            3. Create your revenue distribution method.
              1. From the revenue distribution method object, click New.
              2. Set the monthly recognition proration to Number of Days.
              3. Set the type to Invoice.
              4. Set the distribution method to Monthly.
              5. Select Active.
              6. Set the revenue schedule term start date to Invoice Line Start Date.
              7. Set the revenue schedule term end date to Invoice Line End Date.
            4. Return to the revenue recognition treatment you made in step 2 and set its revenue distribution method to the record you created in Step 3.
             
            Loading
            Salesforce Help | Article