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            Considerations for Invoice-Based Revenue Recognition Reporting

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            Considerations for Invoice-Based Revenue Recognition Reporting

            When you’re setting up invoice-based revenue recognition reporting, review important consideration (Salesforce Billing Managed Package)

            Required Editions

            Available in: All Salesforce Billing Editions
            Recognize Revenue from Invoice Lines for a Usage Product
            Use invoice-based revenue recognition rules for usage products. If you create an order-based revenue schedule for a usage product, the schedule’s net amount will always be zero.
            Usage invoice line revenue schedules look similar to recurring invoice line revenue schedules. With a distribution method of Monthly or Daily, Salesforce Billing creates revenue transactions across the entire invoice period, for the full amount of the related usage summary. With a distribution method of Full Recognition, the revenue schedule contains one revenue transaction for the full amount of usage consumed at the end of the deal’s term.
            Recognize Revenue from Credit Note Lines
            When you use the Cancel & Rebill button to cancel an invoice, Salesforce Billing creates credit notes to adjust the canceled invoice’s balance to zero. You’ll need credit-note based revenue recognition treatments in this scenario so that you can accurately update revenue information. Otherwise, Salesforce Billing recognizes the revenue again for the same invoice line on the revised invoice, without adjusting the original balance down to zero.
            For example, you can add credit note-based revenue recognition treatments to your revenue recognition rules to cover the possibility of a cancel and rebill scenario. Here’s a credit note-based treatment added to a pro-rata revenue recognition rule.
            Integrations
            Large enterprises often integrate to an ERP for final revenue recognition reporting. Consider where you want to recognize revenue from when you set up these integrations. When you’re using invoice-based revenue recognition rules, the push to the back-end system can happen any time after invoice posting. Also consider whether you want real-time or scheduled integration. If the integration is real-time, you’ll need to cover other scenarios such as cancel and rebill.
             
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