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Learn how to set up project-based revenue

If you use NetSuite for managing projects, the invoice sync can also support project-based revenue recognition for invoice charges that should be recognized based on a project delivery instead of time-of-sale or standard subscription schedules. This is common for items such as implementation services.

To set up project-based revenue, complete these steps.

1

Create a project in NetSuite.

2

Copy the NetSuite project’s internal ID to the Zuora subscription’s NetSuite Project ID.

3

On the Zuora product rate plan charge, set the NetSuite Revenue Recognition Template Type to Variable.

4

When the invoice is synced, any variable template type charges will be mapped with a reference to the project specified on the Zuora subscription. Template type charges of type Standard will be synced without the project reference.

5

Manage the project and track time manually in NetSuite to recognize the revenue.

See Delayed Revenue Recognition Logic for mapping details.