Revenue Workbench is an interface that manages undistributed revenue on subscription charges. This article describes the features of Revenue Workbench.
The Revenue Workbench helps you manage and keep track of undistributed revenue on subscription charges.
Key features include:
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A line item is a row in the Revenue Workbench. One row represents revenue information for one subscription charge. A line item appears in the Revenue Workbench if at least one of following conditions are met:
Filter line items and work on similar tasks at the same time. You can filter line items using any of the following options:
Use the reminder date to work through charges that are time-based, such as an accounting period that closes at the end of the month.
Email notifications are not supported on Revenue Workbench reminders. Visit the Revenue Workbench regularly to check reminder dates.
Each subscription charge row contains the following data:
|Account||A link to the billing customer account associated with the subscription charge. See Customer Accounts for more information.|
|Subscription Charge||A link to the charge associated with the subscription charge. See Subscription for more information. |
Click view revenue to view the charge revenue summary associated with the subscription charge. See Charge Revenue Summary for more information.
|Recognition Rule||A link to the rule associated with the subscription charge. See Rule Components and Configuration Options for more information.|
|Recognized Revenue||Revenue in accounting periods that are closed.|
|Unrecognized Revenue||Distributed: Revenue distributed into open accounting periods. You can redistribute revenue in open accounting periods. |
Undistributed: Revenue not distributed into accounting periods is held in an undistributed, open-ended accounting period. You must distribute these revenue amounts in accounting periods.
See Distribute Revenue for more information.
|Revenue Schedules||Links to the revenue schedule numbers and invoices numbers associated with the subscription charge. See Revenue Schedules or Viewing Invoices for more information. |
Click create revenue schedule (for subscription charges using the custom revenue rule). You must create the revenue schedule before you set reminders or distribute revenue. See Manually Create Revenue Schedules for more information.
|Reminder Date||The date on which to perform the action. |
You can also add notes when setting and changing the date.
You cannot set a reminder if a revenue schedules is not created.
|Notes||Additional information about the action to perform on the date set in your reminder. Click edit to add or update the note.|