Receivables - EBS (MOSC)

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AR Invoicing/Accounting Rule

edited Jan 26, 2014 5:16PM in Receivables - EBS (MOSC) 2 commentsAnswered
We have a requirement to split the AR invoice into 12 equal monthly payments.

I have setup a payment term to do so.

What I would like to know is, Since we are collecting payments on a monthly schedule, should I also setup the Invoicing/Accounting Rule (12 months schedule) to recognize monthly ?

OR

Invoicing/Accounting Rules are completely independant from Payment term 12 months, and it need not be setup. If I dont set up the rule, Will I have trouble while reconcilling in GL ?

Please clarify.

Thanks -Josh

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