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103 votes
Hi all, appreciate the interest and rationale in wanting to be able to recognise revenue of a sale at a date different to that of the invoice or payment date.
While this maybe a function we look to explore in the long-term we want to be upfront that this is not something we'll be developing in the near term. In the meantime it may be best to look into connected apps that can solve for revenue recognition. We'll be sure to let you know if there's any change around this, here.
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Robert Webber
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4 votesRobert Webber
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Allow for the revenue of an invoice to be recognised over a period of time, as defined by the user.
Ideally, you should also be able to recognise a "carve-out" (i.e. a % of the invoice) upfront, and then the remainder is spread over the invoice period.
What would also be great is to be able to define the revenue recognition of multi-year contracts. For example, you may have locked in a client for 3 years at Y1 = £100, Y2=£120, Y3=£140. You would then want to recognise the revenue of the locked in contract value (£360) over the 36 months (£10 per month assuming no carve-out).