Changing revenue plans from As Billed to As Incurred

Summary:

Important things to consider when changing the existing contracts' revenue plans from As Billed to As Incurred

Content (required):

Hi, one of my customers is considering changing the existing contract's (all contracts defined in the application) revenue plans from As Billed to As Incurred. We would like to understand the impact on existing cost on which revenue is already recognized.

Any important points to be considered before making this switch.

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

21D

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