Receivables - EBS (MOSC)

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Revenue Recognition

edited Dec 30, 2014 11:23PM in Receivables - EBS (MOSC) 5 commentsAnswered

Hi Experts,

AR Invoice gets created Automatically from OM, eg:

1. on 1-Apr-14 Invoice was raised for 50 $ when exchange rate was Rs 55 per $

2. As per term, risk and reward gets transferred to customer on 10-Apr. Now the issue is that it is not fixed. It can differ from Invoice to Invoice.

3. Thus revenue can be booked on 10-Apr only

4. Suppose on 10-Apr exchange rate changes to Rs. 60 per $. How we can handle this?

I am thinking of handling the same via "Invoicing and Accounting Rule" and "Revenue recognition" but the issue is how to map Revenue Recognition in this case as things are dynamic

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