How to Set up Revenue Recognition

[tinabradford]

Hi, I need help for set up invoice and accounting rule for revenue recognition. Can anyone help me for this issue? ^^

[Jayasree]

Setup Accounting Rules by 'Setup > Transactions > Accounting Rules'
and assign these rules to transactions through
Transactions > LineItems > Rules.

There are 2 Invoice Rules. Bill In Advance & Bill in Arrears.
Assign Invoice Rule through Transactions > Tab More > Invoicing Rule field.

[tinabradford]

Hi Jayasree, thx for your instruction.

After I create transaction with invoicing rules in advance then create accounting, but account receivable not available in journal accounting, just unearned revenue and revenue account, is actually like that?
Please advice. Thx