This article explains how to set up a new usage based revenue account for allocating revenue by invoice. 

This is useful for percentage completion and project based accounting.

See How to update usage based revenue for how to update usage based revenue once set up.

To recognise revenue across a specific invoice based on usage or percent completion, access “Configure Usage Based Recoognition Rules” from either The Customers or Journals tab.   

On the Journals tab, go to Update Usage Based Revenue.

On the Customers tab (top bar), go to cog/settings (top right symbol)>Usage Based Recognition.  See screenshot below. 

This will take you to the “Configure Usage Based Recognition Rules” screen.

Decide whether you want to update usage manually or via an automatic sync with a Google Sheet.

Read more about this in How to input usage based data from Google Sheets. 

Note that, if you have more than one usage based account, you must use the same method for all usage based accounts.

Then select the account you wish to add as a usage based account. 

If you have more than one usage based account, click “Add Usage Based Account” to select another account.

To remove a usage based rule (that is, return the account to standard revenue recognition rules), use the bin at the right of the account rule.