Revenue rules are instances of revenue rule models. These rules are associated with product rate plan charges. Rules help manage revenue recognition on subscription charges. This article explains how to manage a revenue rule, including how to associate the rule with a charge.
You can do the following when managing revenue rules:
Zuora provides the following pre-configured revenue rules:
See Revenue Rule Models for descriptions of rule models and for steps on how to enable them for use.
A revenue rule is in use when it is used by a subscription charge or used in a revenue schedule. A revenue rule is not in use if it is deactivated or associated with a product rate plan charge, but used by a subscription or in a revenue schedule. The status of a rule determines if you can update, delete, or associate the rule with a charge.
The following table summarizes when you can change the status of a rule, edit, or delete a rule.
|Rule Status||Is Associated with Product Charge?||Is in Use?||Can Change Status?||Can Update Rule?||Can Delete?|
|Active||Can Deactivate||Must Deactivate First|
You can create revenue rules, change rule configurations, activate, deactivate, or delete revenue rule.
Navigation: Click Finance > Revenue Recognition Rules.
The following table describes options available when managing rules:
Revenue Recognition Rule
The rule name.
A rule model is a template with recognition logic.
The following rule models are supported:
The following rule mode is supported:
Status of the rule.
A check mark indicates the rule is activated.
An x-mark indicates that the rule is deactivated and must be activated in order to associate with a product rate charge.
Click edit to change the rule configuration. See Components and Configuration Options for configuration option details.
Click activate or deactivate to change the status.
Click delete to delete the rule. You can only delete a deactivated rule.
You can create up to 200 unique revenue rules in Zuora.
From the Manage Revenue Recognition Rules page:
You can view the status of a revenue the Manage Revenue Recognition Rules page. The status of a revenue determines whether you can change the status, update the rule, or delete the rule.
You can apply a revenue rule to each product rate plan charge by editing the charge. By default, all product rate plan changes are associated with the Recognize upon invoicing rule.
The revenue rule that you associate with the product rate plan charge dictates the revenue recognition method, and is tracked and managed by a revenue schedule.
The revenue rule must be active to associate with a product rate plan charge.
See product catalog for more information on how to access and create products, product rate plans, and charges in your product catalog. See accounting codes for more information on how to create accounting codes in your chart of accounts.
See Revenue Schedules for more information on how revenue rules can assist with creating revenue schedules and distributing revenue.
You can override the revenue rule applied to the product rate plan charge when creating the subscription. A subscription charge is the charge for a product rate plan.
For example, if you have two rate plans in a subscription, and each rate plan has three charges. This subscription has six charges (2 rate plans multiplied by 3 charges). You can override any of the six subscription charges while creating the subscription.
To override the revenue rule on a subscription charge through the SOAP API, you can use the
RevenueRecognitionRuleName field on the RatePlanCharge object.
To override the revenue rule from the Zuora UI, click the charge name in the Products & Charges section. Scroll to the Finance section and select the revenue rule from the drop-down, as shown in the following figure.