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Former Member
Dec 29, 2010 at 11:05 AM

UNBILLED RECIEVABLE ACCOUNT- SERVICE CONTRACT WITH REVENUE RECOGNITION

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Hi SAP Gurus,

I want to draw your kind attention towards my problem:

I have created service contract with one year contract and created an invoice for the whole year in advance.

Now in-between i cancelled a contract (after three months) and want to recognised a revenue for the contract period , so i'm creating a revenue recognition for the three months one by one using transaction code-VF44,

first month revenue recogniton is working fine as first month amount is going from deffered account to revenue account

But for second month instead of deffered account ,system is using unbilled recievable account ,which is wrong .

Can anybody tell me why the system is picking unbilled receivable account instead of deffered account in case of second month revenue recogniton.

This may help us:

"When i was cancelling a contract ,at that time i was entering a billing plan end date in billing plan tab at an item level.

and just after entering end date ,system was creating two lines instead of one in billing plan tab and i think because of that extra line system is picking unbilled receivables in second revenue recognition."

Thanks in advance

Ujjawal

Edited by: Ujjawal Singh Karki on Dec 29, 2010 12:05 PM