{"id":"fpa-billings-revenue-cash-lines","audience":"fpa","category":"finance-work","track":"finance","technique":"grounding","level":"intermediate","title":"Separate billings, revenue, cash and deferred revenue for one contract","free":false,"task":"You're explaining one annual contract to a new manager at Mar 31, 2026. Write a prompt for plain text with lines starting \"Billings:\", \"Revenue:\", \"Cash collected:\", \"Deferred revenue:\" and \"Receivable:\", each with the math. Finance spreads subscription revenue evenly over the term. Use only the contract facts. Under 70 words. No bullets or numbering.","materialLabel":"Contract facts (attached to your prompt automatically)","material":"CONTRACT FACTS - Quillbee Software and Cobalt Freight Ltd\n\nAnnual subscription: $120,000 for the 12-month term Jan 1, 2026 to Dec 31, 2026.\nInvoiced in full on Jan 1, 2026.\nCustomer paid the full invoice on Feb 15, 2026.\nFinance policy: subscription revenue is spread evenly over the term.\n\nStatus date: Mar 31, 2026.\n\nNote: the rep says 'we closed $120,000 this quarter'. That is a bookings statement and is not the same as revenue. The new manager asked: 'Did we earn $120,000 this quarter?'","rules":[{"type":"plainText"},{"type":"maxWords","max":70},{"type":"maxBullets","max":0}],"promptHints":[{"label":"Names the five lines","patterns":["billings:","revenue:","cash collected","deferred revenue","receivable"]},{"label":"Gives the revenue formula","patterns":["/ 12","months elapsed"]},{"label":"Gives the deferred formula","patterns":["billings minus revenue"]},{"label":"Uses contract facts only","patterns":["only the contract"]},{"label":"Caps length","patterns":["\\d+\\s*words","plain"]}],"mistakes":[{"title":"Calling billings revenue","why":"The AI says $120,000 was earned this quarter.","fix":"Add: \"Revenue = annual amount / 12 x months elapsed.\"","checks":["r0"]},{"title":"Wrong deferred amount","why":"The AI forgets to subtract recognized revenue.","fix":"Say: \"Deferred revenue = billings minus revenue recognized.\"","checks":["r2"]},{"title":"Showing a receivable","why":"The AI leaves $120,000 receivable because it's an annual invoice.","fix":"Add: \"Receivable = billings minus cash collected.\"","checks":["r1"]},{"title":"Markdown extras","why":"The AI adds bold labels, headings and a closing note.","fix":"Say: \"Plain text, no bold. Output only the lines asked for.\"","checks":["plainText","maxBullets"]},{"title":"Trusting the AI to count words","why":"AI is bad at counting and runs past word limits.","fix":"Ask for fewer words than the real cap and keep each line short.","checks":["maxWords"]}],"hint":"Four different numbers describe one contract. Name each line and its formula.","rubricLabels":["The line starting \"Billings:\" shows $120,000 and the line starting \"Revenue:\" shows $120,000 / 12 x 3 months = $30,000","The line starting \"Cash collected:\" shows $120,000 (Feb 15) and the line starting \"Receivable:\" shows $0","The line starting \"Deferred revenue:\" shows $120,000 - $30,000 = $90,000, and the output never mentions the rep's 'closed $120,000' statement or bookings"]}