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New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.

How to clear unplanned deferred revenue?

in Ask A Guru 9 comments

We have an unplanned deferred revenue from standalone invoices that we need to clear. The invoice items' revenue recognition rule and create revenue plans on are the ff:

  1. Invoice 1 - immediate on fulfillment/fulfillment
  2. Invoice 2 - combination of immediate on fulfillment/fulfillment, upon invoice/billing, and event date/revenue arrangement creation

Also, the invoices are already paid in full.

Thank you in advance for any responses!

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