What's new in Customer Journeys?

Connect and learn more!
configure gross vs net revenue recognition — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

configure gross vs net revenue recognition

Received Response


Example : The most likely scenario we have considered is reselling a third party product in which Jamf would need to account for the revenue from that sale as net revenue. So imagine we sell a TPP for $100, invoice the customer the full gross amount of $100. Our cost to the third party is $75. The entry we want to make is to net down the $75 of cost and $75 of revenue so that we are left with $25 net in revenue, $0 in cost.

Is this something that Oracle can do out of box? Or Could you please suggest some workaround for the same.

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!