Enable Periodic Revenue Recognition
You can use the Enable Periodic Revenue Recognition check box to periodically recognize revenue for your one-time charges.
You can enable this check box for one-time charges in the Pricing tab. When you enable this field for a one-time charge, the revenue for that charge is recognized throughout the subscription duration in Oracle Revenue Management Cloud.
If you close a subscription product with a periodically recognized one-time charge, the revenue recognition of this charge is accelerated in Revenue Management based on the close credit method you use. If you close a subscription product and issue a full credit, this one-time charge is recognized immediately on the subscription product start date. Alternatively, if you close a subscription product and use the Prorate with credit or Prorate without credit option as the close credit method, the one-time charge is recognized throughout the subscription until its termination date.
-
You can't enable periodic revenue recognition for evergreen subscription products.
-
Renewed subscriptions and duplicate subscriptions aren't impacted by this feature, since one-time charges aren't copied to renewed or duplicated subscriptions.