Question
When do different types of products in ROLLER expire for recognizing revenue?
Solution
When an item for a booking is redeemed at POS, the money is recognized as revenue immediately.
If an item remains unredeemed and becomes invalid, the money is recognized based on the expiry date and time.
Review the table to see when the different product types in ROLLER are recognized based on expiry.
| Product type | Expiry |
|---|---|
| Session pass | 20 MINS after session start time |
| Party packages | 20 MINS after session start time |
| Standard pass | Based on the "what days can this pass be used" or if there is a "days valid from purchase" set |
| Membership | Automatic recognition of revenue at time of purchase |
| Stock/Add-on | 23:59 on the day of the booking unless purchased with a session, then it is 20 mins after session start time |
| Gift cards | Based on expiry set within product setup (eg no expiry in US or 3 years in Aus) Deferred gift card revenue does not move to recognized revenue when a gift card expires. |