NetCloud’s Revenue Recognition Bundle is the leading complementary local solution for a wholesome, successful implementation of NETCLOUD revenue

recognition module in Israel with the following exclusive features

Revenue Recognition Diagram
  • Automate revenue recognition journals entry
  • Revenue recognition based on A/R invoices and A/R credit memo
  • Keep relationship between the invoice/credit to the auto created revenue journal
  • Uses prebuilt NetSuite functionality of amortization engine for spreading revenues
  • Quick, simple implementation
  • Get real-time visibility into balance using vanilla amortization reporting
  • With NetCloud's bundle simple revenue recognition, you can automatically recognize revenue for each line item according to the appropriate revenue recognition method
  • NetCloud's simple revenue recognition bundle gives you revenue recognition templates to define revenue recognition methods and apply them at the line-item invoice level. you can associate a template to a good or service for related recognition rules to apply whenever that good or service is sold