Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
rev rec for SaaS business
We sell monthly software subscriptions which can start on any date. As a result I bill the first partial month as one sale, create a billing schedule for the full months (35 in a 3 year deal) and finally another partial month for the last month. So I end up with 3 sales orders which I don't like. I would simply create one sales order with a 36 month billing schedule but this over-states revenue in the first month and understates revenue in the last month. Rev rec is my big issue here. Any suggestions?
Thanks,
Steve
0