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Examples
Simple examples to get you going
Example: Creating a new Sales Order
The standalone selling price for the SaaS subscription and the training are not the same as the sales price, both are sold at a discount. The example shows you how the standalone price is picked up using the standalone selling price library. In addition you see how the revenue for the subscriptio
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Example : Creating Chart of Accounts in REVLOCK.
Creating Chart of Accounts in REVLOCK. The following video demonstrates how to create chart of accounts in REVLOCK. It explains how the user can use advanced Journal Account Mapping feature in REVLOCK to book revenue for different products to separate revenue accounts.
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Example: Revenue Journal Report
Example: Revenue Journal Report This video provides a brief overview of REVLOCK's Revenue Journal Report.
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Example: Report exporting & sharing
In this video, we are going to demonstrate how you can export and share your reports from RevLock
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Example: Consumption based Revenue Recognition
In order to ensure revenue for the services sale is recognized as incurred we will configure the SSP revenue recognition rule for Professional Services to use the "Proportional Performance" revenue recognition method. Once a performance obligation is marked as either
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Example: Percent Net Revenue Reallocation
In order to make this happen we introduce two performance obligations (one for the license and the other for support) and allocate the revenue between them using the "percent net" method and then recognize
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Example: Advance Percent-of-net Revenue Reallocation
In this example support for two product lines are computed using this method, on one product line the support is 15% of a perpetually licensed product and on the other product support is computed as 25% of the sum of hardware and a perpetually licensed software. ${youtube}[Advance Percent-of-net Revenue Reallocation](jfOo
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Example: Chargebee - Annual SaaS - Midterm Contraction
It is a 1-year subscription with auto-renewal that was invoiced and paid upfront with a contraction occurring in the middle of the contract which results in a credit note to the customer. The example leverages Chargebee timeline functionality to make changes to the subscription and see the changes over time.
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Example: Chargbee - Testing with Chargebee
Here we illustrate how you can build up an example scenario in Chargbee and then bring the data over to REVLOCK and see the corresponding revenue arrangement for the subscription.
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Example: Chargebee - Connecting to REVLOCK
RevLock requires some connection parameters from Chargebee and then all you have to do is establish these parameters in RevLock.
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Example: Chargebee - Backdated Invoices
This example shows how a backdated invoice in Chargebee will show up in RevLock and how the invoice will effect deferred revenue in the current accounting period with a catch-up entry. Enjoy ;-)
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Example: Chargebee - Annual SaaS with Overage - Midterm Expansion
Once setup we will see the contracts for the example customer show up in RevLock with both the original order (with the overage and expansion on it) and the subsequent renewal contract. ${youtube}[Annual SaaS with Overage - Midterm Expansion with
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Example: Chargebee - Monthly Ever Green Subscription with Expansion
This example illustrates a subscription that renews monthly on an ever green basis. After a few months the customer has an expansion.
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Example: Reconcile Delivery Data in REVLOCK
The following video demonstrates how to reconcile delivery data from your delivery systems to what is in RevLock. It explains how to view new units sold vs consumed units for the open accounting period. This will give the user an option to analyse the data if there are differences of any kind. The report also illustrates expired units, which were not consumed at the end of a contract and hence expired unused in the period. ${youtube}[Control Report: Reconcile Service Delivery with Source S
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Example: Reconcile Invoice Data in REVLOCK
The following video demonstrates how to reconcile invoice data from your source systems to what is in RevLock. It explains how to view new billings for the open accounting period. This will give the user an option to analyse the data if there are differences of any kind.
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Example: Chargebee - Late Renewals with catch-up adjustments
This example illustrates how REVLOCK does catch up accounting in the current period even though data changed in a prior period.
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Example: Chargebee - Customer payment is reasonably assured
REVLOCK has the ability to not recognize revenue until a customer makes their first payment. This can be used in cases where you are not reasonable assured of payment from your customers for services they have purchased.
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Example: Reconcile Commissions Data in REVLOCK
The following video demonstrates how to reconcile commissions data from your source systems to what is in RevLock. It explains how to view new commissions for the open accounting period. This will give the user an option to analyse the data if there are differences of any kind.
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