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Former Member

SD Revenue Recognition billing first customer and recognise reveune as per billing plan

I have a secnario where the customer requirement is bill the customer for full amount of contract value and recognise the value over the billing plan

customer Dr 12000

Deffererd revenue cr 120000

I have kept time based billing for item category as A

Kindly let me know how to achieve

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3 Answers

  • Jul 04, 2017 at 06:12 AM

    Thank you for your question. It seems that your question requires additional information. Please make sure that your question outlines the steps you took to find information and create the question again. This way members will know that you searched and were unable to find what you needed.

    You may also want to include screenshots of what you're seeing, to help members further understand the issue. And provide some additional details, as the question is fairly short.

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  • Aug 01, 2017 at 01:49 PM

    Yes that is how system works but what is the issue if the system shows two line items as long as you have one billing document.

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    Former Member
    Aug 01, 2017 at 10:46 AM

    Thanks for looking to my question. This AMC contract in this I have perodic billing plan but it is Annual billing meaning all the billing dates has to be one line item in the billing plan of item tab. This is happening when contract start date is first of the month but if it is in the mid of the month and end date is alos mid it is split into 2 line item as per the requirement it should not happen

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