Learn about Redwood and be one of the first to join the conversation

Visit Redwood Community
Is there such a thing as Deferred Billing? — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Is there such a thing as Deferred Billing?

Received Response
45
Views
3
Comments
edited Jun 28, 2019 4:52PM in Revenue Management 3 comments

Summary

Is there a process to recognize revenue now, but issue the invoice months later?

Content

We bill a fee which we want to recognize in the current month, but our contract with the client says that we won't bill them for 12 months.  Other than a journal, is there a process to get this onto the Balance Sheet without creating an AR Invoice with 365 day terms?

Regards,

Beth

 

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!