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finance

revenue-recognition-tracker

Track IFRS 15 revenue recognition across client contracts. Set up performance obligations, monitor completion progress, recognise revenue as obligations are satisfied, and maintain contract asset and liability balances.

Inputs

  • deal — Won deal driving the revenue contract setup.
  • obligations — List of distinct promises with standalone selling prices
  • obligation — Performance obligation to advance and recognise revenue against.
  • progress_percentage — 0-100 for over-time; use 100 for point-in-time on satisfaction
  • obligation — Performance obligation to reconcile billed vs recognised on.
  • invoice — Client invoice issued against the obligation.
  • period_id — Period id used to report all active contracts — recognised vs billed, contract asset/liability balances

How you ask

  • New client contract
  • Revenue recognition progress
  • Bill a client

Outputs

  • (one per obligation)
  • conversation
  • performance-obligations (markdown)
  • revenue-je (markdown)
  • revenue-review (markdown)
  • updated-obligation (markdown)
  • user-specified output path for updated obligation
Levelbeginner
Inputdata
Outputspreadsheet
Setup[none]
Roles[Finance Manager]