Receivables - EBS (MOSC)

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Adjusting Revenue Recognition

edited Jul 4, 2017 5:03AM in Receivables - EBS (MOSC) 2 commentsAnswered

Hi,

Is it possible to adjust the phasing of revenue once the revenue recognition program has been run.  I can give an example of this where initially an invoice is raised with the revenue being split evenly over 12 months (invoice amount £900 with the revenue being phased evenly at £75 a month).  6 months in, and a decision is taken to phase the revenue over 15 months.  So the remaining amount (£450) is then phased over 9 months (£50 a month).

Is this possible or is there a work-a-round?

Regards

Jon

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