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How to update invoicing rule to allow immediate revenue recognition to correct accounting entries.

in Receivables & Collections 3 comments

Summary:
Hi,

I appreciate your support in the below issue:

We need to update several AR invoices to modify the "In Advance" invoicing rule. Currently, revenue is recognized periodically, but we’d like to adjust this so that the entire revenue can be recognized immediately. Implementing this change will help us correct the accounting entries. Could you please let us know if this solution is suitable? If not, we would appreciate any alternative workarounds that would allow us to recognize the entire revenue right away.

Regards,

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