Unbilled Receivables

Hi There,

I have a requirement for Korea, where client wants all AR invoices go to Unbilled Receivables Account and recognize the revenue immediately. In Korea, Finance Team raise a Tax invoice based on the customer agreement. It can be weekly, monthly or quarterly. whenever they raise a tax invoice, they want to switch the Unbilled Receivables to Receivables account.

Does anybody have any experience with this model?

Thanks for your help