Contract Revenue Management for Sage MAS 500 provides for defining, managing and monitoring a companies revenue cycle when it is customer agreement based. This could be a form of agreement whereby a service is delivered over time, and to which deferred revenue recognition is tied. The billing for the product is separate from the revenue schedule, and is based on user defined cycles and can include different amounts at different dates.

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It is possible establish any number of contracts for a customer, with any number of products – each with possibly different revenue recognition schedules. All products on a Contract will be billed according the Contract Billing Schedule defined, and credits can be issued for a Contract when adjustments are necessary. Business Insights Reports and Inquiries provide needed visibility to revenue both earned and unearned, aiding and ensuring your companies compliance with Revenue Recognition and Reporting requirements.
Built with the Sage MAS 500 Application Framework, the Contract Revenue Management module provides the same rich graphical and ease-of-use features found throughout MAS 500. Integration with MAS 500 is achieved with Customizer, extending functionality without modifying it.
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