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Revenue Recognition Process Flow

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itbdplacements
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49 views1 page

Revenue Recognition Process Flow

Uploaded by

itbdplacements
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Add / Edit

Products

NO

Order Accepted
Closed Won Yes Customer
Quote Order Customer Invoice Posted
Lead Account Oppty Quote Invoice
Accepted? Generated Invoice Paid to GL
Generation

Capture Billing
& Shipping Country
Add Products
Internal
Yes Invoice
Tax =
If BC = SC Settled
Country Tax
Default Discount of 25% Total Revenue
Recognition by
Revops team

NO Internal
Invoice Sent
to Billing Total Revenue = Customer Invoice Paid - Internal Invoice Settled
Country

Internal Add tax to


Internal
Quote order
Order
creation at Tax = SC Tax
Generated
SC %

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