Project-based revenue
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.
On the Zuora product rate plan charge, set the NetSuite Revenue Recognition Template Type to Variable.
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.
Manage the project and track time manually in NetSuite to recognize the revenue.
See Delayed Revenue Recognition Logic for mapping details.