Revenue Recognition as per Mile stones
Hi,
Will appreciate if someone can help me to know how can we raise the auto generate AR Invoices and recognized the Revenue on the basis of certain Milestones as per the table below?
can this be done through Order Management by having 3 lines in the Service Order Form?
Or
Can this be done in single order line and generate AR Invoice as per below tables ?
|
Milestones |
Payment from customer or AR Invoice to be raised |
Revenue to be recognized |
|
Milestone1 |
60% |
30% |
|
Milestone 2 |
35% |
50% |
|
Milestone 3 |
5% |
20% |
Rgds
Dev0