Can AR invoice tax amount be recognized by installment
Dear all,
We are in R12 and we have plenty of AR invoices need to recognize the tax amount monthly.
E.g. Currently $1200 VAT tax amount of an invoice come at first place when invoice created, but we need every $100 in next 12 months be recognized.
Now we have to do it manually in GL by create JEs hence the workload is too heavy.
Do you have any experience to handle this just like Revenue Recognization?
Thanks very much in advance!!
We are in R12 and we have plenty of AR invoices need to recognize the tax amount monthly.
E.g. Currently $1200 VAT tax amount of an invoice come at first place when invoice created, but we need every $100 in next 12 months be recognized.
Now we have to do it manually in GL by create JEs hence the workload is too heavy.
Do you have any experience to handle this just like Revenue Recognization?
Thanks very much in advance!!
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