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Revenue Commitment and Posting Periods
Scenario:
-In January I create an SO for $100, and a Revenue Commitment for $100 so I can hit deferred. (Its a prepaid, so I invoice for the total amount).
- In March, I need to recognize $25 (I wouldn't know this amount before hand)
How can I recognize the $25 from March without losing the posting period from the initial Revenue Commitment?
We thought to make 2 commitments, but realized we'd have to post back into potentially closed periods.
Assumptions:
-We are doing this in Script
-Revenue Recognition Schedules cannot be automated - It has <5 votes.
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