Let's Reconnect, thank you for making 2022 our best year yet.

Look Back
Invoicing Rules in Receivables - In arrears — 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

Invoicing Rules in Receivables - In arrears

Question
22
Views
0
Comments

Summary:

Invoicing Rules - In arrears

Content (required):

Hi,

Please clarify my doubts on In Arrears rule using the example given below.

The client is received an invoice of $3000 on 1/10/2022 in which they want to recognize revenue over 3 months and record the receivable at the end of 3 months (01/12/2022).

My requirements are as below;

  1. User records the Transaction and Accounting date as 01/10/2022 and picks the "3 months fixed schedule" invoicing rule. Note that the periods of November and December are not yet opened. Therefore, the system does not allow the user to save and complete the transaction. How can this objective be achieved?

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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