Automate your company revenue streaming
NetCloud’s Revenue Recognition Bundle is the leading complementary local
solution for a wholesome, successful implementation of NETCLOUD revenue
recognition module in Israel with the following exclusive features:
- Automate revenue recognition journals entry
- Revenue recognition based on A/R invoices and A/R credit memo
- Keep relationship between the invoice/credit to the auto created revenue journal
- Uses prebuilt NetSuite functionality of amortization engine for spreading revenues
- Quick, simple implementation
- Get real-time visibility into balance using vanilla amortization reporting
- With NetCloud’s bundle simple revenue recognition, you can automatically recognize revenue for each line item according to the appropriate revenue recognition method
- NetCloud’s simple revenue recognition bundle gives you revenue recognition templates to define revenue recognition methods and apply them at the line-item invoice level. you can associate a template to a good or service for related recognition rules to apply whenever that good or service is sold
Who is it for?
- Relevant for companies which required simple revenue recognition rules such as Straight line or One time recognition
- Relevant for companies which required to automate revenue recognition process
- Relevant for companies which required to save financial team’s valuable overhead time and resources
