1. Revenue Policy Automation
2. Automated Planning
3. Automated Unbilled Revenue documenting
4. Multi-currency transaction support
5. Balance sheet accounts management
6. View Real-time financial performance.
7. Real-time data visibility
8. Revenue forecasting (Real-time revenue reporting)
9. NetSuite Revenue Accounting for particular amounts for periods/current period/partial periods
10. NetSuite’s multi-book accounting functionality

1. Create flexible revenue contracts with custom revenue rules, revenue plan starts/end date, allocated amount
   etc.

1. Define SSP (Standalone Selling Point) with a constant or dynamic formula
2. Allocate arrangement consideration across multiple elements within the Arrangement including getting support for ASC
   606/IFRS 15 standards etc.

1. Support for revenue recognition over time
2. Support for event-driven revenue plans
3. ARM for revenue recognition across every vertical

NetSuite provides real-time visibility into revenue reporting across the entire company. Users can use NetSuite’s
drill-down functionality to slice and dice data as needed. NetSuite’s complete financial management software ensures
your accountants are at the tip of their toes to forecast plan based on revenue recognition or revenue losses.

NetSuite has many standard Revenue & deferred revenue reports that help accountants get the whole picture clearly.
Additionally, users can always create custom reports and saved searches as needed.

1. Deferred Revenue by item and customer
2. Setup default revenue recognition rules
3. Revenue reporting by item and customer
4. Summary of billing and revenues
5. Deferred revenue reclassification
6. Real-time updates
7. Deferred revenue roll forward & more

1. Showcase stakeholders the impact of new accounting rules, taxation rates, laws etc. in forms of before and after
   reports
2. Support for Multi-book accounting
3. Improve the financial close process by simultaneously posting to all books as the transaction occurs

1. Specify revenue recognition methods that can be applied at the line-item invoice level
2. Associate custom templates to goods/services for revenue recognition whenever those particular goods/services are
   sold
3. Use pre-built templates for most common revenue recognition methods or create a custom template to meet a specific
   need