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invoicing rules
Posted: Mon Apr 07, 2008 2:40 am
by mahesh123
Hi everybody,
Can anyone tell about Invoicing rules and accounting rules,
Thanks in advance
Mahesh
91 9985220397
Posted: Mon Apr 07, 2008 8:34 am
by pinnaka.financial
hi
mahesh
Based on Accounting rules we have to define invoicing rules
Accounting rules:it is used to recognised the revenues and periods
There is two types1)Accounting for fixed duration.2)Accounting for variable duration,these two are based on your GL calendar.The first one equals to 100%.second one based on user requirement(variable) generally one period
The invoicing rules are used to from which date (startingdate)to recognaised the revenue.