Hi, We want to the following accounting in AR
First recognise Revenue in Full debiting Unbilled Receivables
Dr Unbilled Receivables-----(Full amount)
Cr Revenue-------------- (Full amount)
On monthy basis for stipulated number of months
Dr Receivables (Prorated Amt)
Cr Unbilled Receivables ...
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- Wed Jan 05, 2011 1:43 pm
- Forum: Financials (GL, AP, AR, FA & CM)
- Topic: Revenue Recognition
- Replies: 0
- Views: 2446