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How to change when revenue recognition start date based on when the payment is made.

in Receivables & Collections 2 comments

Summary:

How to change the revenue recognition start date based on when the payment is made.

Content (please ensure you mask any confidential information):

We are using Payment-Based Revenue Contingencies and the invoices have revenue rules to defer revenue recognition until the cash receipt is applied. Our invoices are imported from Order Management and we would like to start the revenue recognition based on the later of either 

1) the start date on the of the line with the revenue schedule or

2) the Payment date.

Our OM integration to AR is BILL only as we do not use the fulfilment in OM as the products sold are service related.

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