Hey all!We typically recognize revenue for our memberships at the time the revenue comes in. We have heard chatter that we may possibly need to split this revenue up over the life of the membership going forward. I have some ideas as to how to do this as we play with revenue for grants/sponsorships, but never on this scale. Does anyone else split their membership revenue this way? If so, is there an easy button for this or how do you accomplish? Any guidance helpful in case we're asked what is possible in Tessitura. Thanks so much!-Courtney
My Finance team is also saying we need to start recognizing 1/12th of the membership revenue over each of the months. Apparently it's a new Audit Rule - am really hoping Tessitura is already working on reports/functionality for this!!!