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Is it possible to split revenue recognition with fixed calendar date and user-entered percentage ?

in Receivables & Collections 1 comment

Summary:

Split revenue recognition based on fixed calendar date with different percentage

Content (please ensure you mask any confidential information):

Hello,

On Oracle Account receivables, our client wants to split revenue recognition of AR revenue lines with both requirements :

- 50% of revenue recognition based on a specific first fixed calendar date (not a period based revenue recogntion)

And after

- 50% of revenue recognition based on a second fixed calendar date (not a period based revenue recogntion)

We were considering to use Revenue scheduling rules to achieve that using Manage Revenue Scheduling Rules but it seems that the set-up doesn't allow to specify that revenue recogntion is reached on a specific date and with a specific percentage.

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