Accounting rules for Service Contracts
Hi,
I need your help resolving a doubt about an accounting rule that I need to create.
- I have a contract long by 3 years (2018 october 24th till 2021 october 23rd)
- I have to bill to my customer in one invoice that I will create on November (total amount $3.302.352 )
- But I need to see my income recognition value divide in 9, means see the value every 4 months. (4 months amount $366.928 ) [$3.302.352 / divide in 9 = $366.928]
Please suggest how should I go ahead for this requirement.
Regards,
Abhi
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