This article covers two topics:

  1. Recognition

  2. Product mappings

Recognition definitions

In every transaction in Subscript, you are able to tell Subscript how to recognize the revenue. This impacts analytics, accounting revenue recognition, and billing. Here are your choices:

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First, you need to decide if the transaction and the product it’s associated with is going to be a recurring revenue type or a non-recurring revenue type.

👉 Recurring revenue type examples include subscriptions, recurring professional services, usage-based purchases

👉 Non-recurring revenue type examples include implementation fees, training

<aside> 🌟 Keep in mind that the recognition is regardless of the billing frequency. Those are two independent things.

</aside>

Here are more details about the recognition types:

Recurring

Non-Recurring

Product Mappings

Now that we know what the recognition types are, it’s time to map your products!

<aside> 🌟 Please work with your data solutions team member here, as there are implications with these mappings that are helpful to review with you first.

</aside>

  1. Head over to Settings > Products
  2. If you have a CRM or GL connection, you will probably already see products listed. It might look like this: