Revenue Recognize for Recurring Subscription should be equivalent to AR Invoice
Hello Team,
We have requirement that Revenue Recognition for recurring subscription should be equivalent to AR Invoice
Problem Statement: We are currently using RMCS module with integration of Subscription Module.
In subscription there are recurring Subscriptions available and for the recurring subscriptions the revenue is calculated based on Daily Rates All Period whereas the Invoice is created in with Specific value and both are not matching
Let me explain with an example
There is one subscription, in that subscription there is one product with recurring type, with total contract value for product is 6989.70 Euro and Item Price or fixed price is 101.30Euro and Invoice will be generated for the value 101.30Euro every month