Project Prepayment Invoice and Revenue Accounting treatment

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Project Prepayment Invoice and Revenue Accounting treatment

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Hi Team,

Could any one please advise ,what should be the Accounting Treatment for Project Prepayment invoices E2E process which was released in 24 D.

As Revenue Flag is not enabled at Prepayment Event and Prepayment Application Event Types, in Manage Events Page. I suppose that Revenue wil not be generated for these Prepayment Event Type.

Scenario 1 :

» Prepayment Event Will be created for 1000 USD in PPM > Generate invoice and Transferred to AR .

» Reciept will be created for the Prepayment Request Invoice for 1000 USD and processed.