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Long-term and short-term reclassification

Zuora

Long-term and short-term reclassification

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In Zuora Revenue, when revenue is recognized for the Contract Liability account, there is a provision to reclassify the revenue to both the long-term and short-term accounts. This provisioning process is referred to as long-term and short-term reclassification (LT/ST Reclass) in Zuora Revenue.