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Deferred Cost of sales

Dear Experts,

We are using Sales Revenue recognition process to recognize the revenue time-based. Now, there is a need of recognizing the cost of sales as well on the same sort of deferred basis. I would like to hear whether it is possible in SAP or not from experts who have implemented a such process in SD. If possible, appreciate if you can share the list of steps to be followed.

Thanks

Saumya

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