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

How to create subs in SMC from OM with in-full one time billing but periodic revenue recognition

Summary:

How to create subscription item in Subscription Management from order management for multi year contracts, for which billing happens in full one time at the start but revenue recognition is periodically (revrec) in RMCS. The subscription item should come to SMC from OM and then get sent to AR and RMCS for billing and revenue recognition.

We have also tried adding sale price as the charge of a subscription item in OM and send to SMC. In SMC we have enabled the enable periodic revenue recognition flag for revrec when contract gets updated in RMCS from SMC.- However, in RMCS the measurement model is getting captured as Quantity instead of Period.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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