on 06-12-2016 8:46 AM
Hi All
There is a field for delivery dates while creating sales orders , in my company most of our services will be provided in the future but we have to invoice the customers in order to receive the payments before providing the service.
What we do know is recognizing the income in the current period “when we convert the sales order into billing" then later on and before close of period we defer the income.
In this case delivery date is useless , is there any way to give SAP the future delivery date and during the billing the system post the transaction to Balance sheet account and when delivery date become due automatically the system transfer it to income account.
Revenue Recognition standard solution might be useful in this case.
Check the following link, which explains the different functionalities:
ERP SD Revenue Recognition - ERP SD - SCN Wiki
Regards,
Andrea
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You have asked the same question before and you did not provide feedback on the comments in the other threads. Why you are asking it again?
Was there something that you failed to understand or you don't know how to find your previous posts?
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Did you discuss with your FI consultant before posting here? There are many ways to handle this from FI side. Yes from SD side, there is a provision to post the amount in FI to some provisional G/L Account and later on converted into Sales Account but as you expected, this cannot be automated. To post the amount to provisional account, you can have the pricing condition type as Accrual and have G/L accounts in VKOA accordingly
G. Lakshmipathi
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