This guide reflects real questions auditors ask during revenue, accrual, and channel program audits — especially where contracts, estimates, and partner data are involved.
LicenseIQ applies contract-defined rules to the underlying transaction or reported data and keeps the source contract, clause, rate, and calculation trace together.
LicenseIQ keeps contract clause references, input data, applied rates, tiers and thresholds, and calculation steps with each calculation.
LicenseIQ checks partner and licensee data against configured contract eligibility rules and records accepted items, rejected items, and exception reasons.
LicenseIQ uses configured validation rules, variance checks, historical comparisons, and exception thresholds to flag items for review.
LicenseIQ versions contract logic by effective period so period-to-period changes can be traced to a contract, rule, or data change.
LicenseIQ supports configurable review checkpoints and records who reviewed or approved a calculation and when.
LicenseIQ links disputes and adjustments to the original contract, affected data, and calculation while preserving the historical trail.
LicenseIQ makes configured judgment points explicit and records the justification and approval for overrides.
LicenseIQ produces ERP-ready journal-entry output and retains mappings between calculation results, subledger records, and posted balances for reconciliation.
Finance can retrieve the stored calculation evidence and audit trail on demand instead of reconstructing the calculation in a separate spreadsheet.
LicenseIQ doesn't just calculate the numbers — it explains them.