Public Sector Accounting - Revenue equivalent to Cash
Hello,
I work in a Public Sector Project where Grants and AR are implemented along with other modules.
We generate invoices in Grants, and transfer them to AR.
Invoices get accounted in AR as -> Dr Receivables Cr Unearned Revenue
We generate Revenue in Grants and for revenue, do the accounting in Grants only as Dr Unearned Rev Cr Revenue
Cash is received in Receivable.
Being a public sector, our client have a requirement that Revenue should always be equal to Cash.
Is it possible to achieve in AR?
Any ideas on achieving this would be welcome.