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Former Member
Jul 17, 2009 at 08:48 AM

Query: Recognizing revenue for Annual contracts

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In case of long term contract at the time of invoicing, entries are posted to deferred revenue account. Now every month we need to recognize revenue depending on the tenure of the contract. Is there any standard automatic process which can handle this scenario. Please suggest if you have come across such scenario and how the same can be handled in SD-FI space.

R