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Billing based on milestone and recognize the revenue of advance invoice

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edited Jul 18, 2020 9:57PM in Revenue Management 2 comments

Summary

Billing based on milestone and recognize the revenue of advance invoice

Content

A professional services customer has a requirement to generate invoices based on milestones. An advance invoice will be generated prior to starting the project and that advance invoice revenue will have to be proportionately recognize against each project milestone.

How we can meet this requirement through Revenue Management or there is another workaround to meet this requirement

Regards,

Kashif

 

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