How to handle prepayment for sales order
Our business scenario is as follows.
- Customer places a sales order which gets fulfilled over 3-6 months in installments
- Customer needs to be invoiced for the full sales order in step1 irrespective prior to entire order being shipped.
- Amount received for the invoice in #2 should go to deferred revenue -
- Shipment should reduce the inventory and recognize the revenue from #3.
From reading up on oracle resources -I keep running into the notes saying prepayment is not supported - however, if there's any other option to achieve this - or anyone has solved for this - please help by sharing your knowledge.