configure gross vs net revenue recognition

Summary:

Example : The most likely scenario we have considered is reselling a third party product in which Jamf would need to account for the revenue from that sale as net revenue. So imagine we sell a TPP for $100, invoice the customer the full gross amount of $100. Our cost to the third party is $75. The entry we want to make is to net down the $75 of cost and $75 of revenue so that we are left with $25 net in revenue, $0 in cost.

Is this something that Oracle can do out of box? Or Could you please suggest some workaround for the same.