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Revenue recognition on recurring bill plan generated invoice

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edited Apr 24, 2024 2:48PM in Receivables & Collections 3 comments

Summary:

We have a requirement for Recurring invoice generation from recurring bill plan for Quarterly and annually, want to recognize revenue monthly.

For example we have quarterly billing so invoice is generated on 1-Apr-2024 for 6000 but we have to recognize revenue every month 2000 as explained below.

Please assist if is there any way we can customize the Revenue recognition scheduling on Recurring bill plan generated invoices.

Regards,

Mohan.

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