sales recoverable a/c

[Former Member]

Hi,

Scenario:

Client wants to post estimated revenue in one a/c i.e. Sales recoverable a/c [unbilled recoverable a/c] at the time of delivery[PGI]. That is to say it estimates the revenue before you have created an invoice. The system does not have to wait until the posting period in which you created the invoice to realize the revenue.

The entry will be:

Sales Recoverable a/c [Unbilled recoverable a/c] DR.

To, Sales a/c

At the time of actual billing, the Sales recoverable a/c should be reversed and system should post the accrued sales to sales a/c.

Please guide me.

regards,

surendra

[Former Member]

Hi,

To my knowledge, it is possible with the help of Revenue Recognition.

The reversal can be made possible with the help of VF44 tcode.

The reversal can be done in a cyclic manner that is, every month or every 15 days etc. as per your requirement.

Regards