Managing Revenue Recognition and Billing Schedules
Defining, monitoring and managing the revenue cycle of your company is provided by the Revenue Management module for Sage MAS 500 when it is customer agreement based. The product billing is based on the cycles defined by the user and can also include various amounts on various dates. It is separate from Revenue Schedule.
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Any number of different contracts can be established for a particular Customer with number of various products each with a different Revenue Recognition Schedule. All the products are billed according to the schedules defined and also credits are be issued when necessary. Visibility into the earned and the unearned revenue is provided by the Business Insights Reports and also the Inquiries, ensuring your company complies with the Revenue Reporting and Recognition requirements.
Built using the SAGE MAS 500 Framework, The revenue management feature provides you with the easy to use interface and features available on Sage MAS 500.
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