Payment Template for Revenue
Summary:
Looking for documentation on creating Revenue Payment Templates. Specifically, what are the functions of the Distributions; Accrued Asset, Receivables, Receivables Clearing and Revenue. Also, what is the difference between the Revenue Methods; Lease Revenue and Non Lease Revenue?
I saw a previous thread but the link wasn't helpful. The readiness document doesn't provide enough details.
Are these the required accounts needed? any sample accounting entries that we can refer to for revenue leases.
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Is there a white paper that we can refer to?
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