Accounting entry for AR invoice with Revenue Scheduling Rule
Summary:
We are using Revenue Scheduling Rule with "Number of Period=1".
For this invoice we are seeing only one entry ie., Receivable A/c Dr….. To Revenue A/c
Typically we should be seeing two entries ie., Receivable A/c Dr……… To Unearned Revenue A/c AND Unearned Revenue A/c Dr …….. To Revenue A/c
But why i am seeing only one entry for those invoice having Revenue Scheduling Rule with "Number of Period=1"?
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