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What is the standard accounting process for BFB invoices?

in Receivables & Collections

Summary:


Content (please ensure you mask any confidential information):

We have BFB enabled for the customers, where cycle like Daily, Weekly, Semi Monthly and Monthly are defined. We want to know how accounting should be affected in case of standard functionality, as we are recognizing the revenue instantly for these invoices, but they are not billed to the customer till the billing date, shouldn't it go for unbilled Receivables till then?

What is the suggested standard out of the box approach in such case for revenue recognition and accounting?

Version (include the version you are using, if applicable):

25B (11.13.25.04.0)

Code Snippet (add any code snippets that support your topic, if applicable):

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