Thread: defer invoicing or revenue recognition
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Old April 28th, 2008, 03:37
jimshaughn jimshaughn is offline
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Question defer invoicing or revenue recognition
All,

Our company is a full Oracle Applications user. I have a question about standard OTM functionality.
We shipment verify in our Distribution Centers and relieve inventory using standard Oracle 11i functionality. Our international freight forwarder picks up the cargo but holds it for 24 to 72 hours before it is given to an airline to transport.

Our accountants do not want to recognize revenue until the cargo is loaded and airborne on its way to the end user customer.

Is there a way using standard OTM functionality to defer invoicing or revenue recognition within the Apps AR module until we can verify the cargo is loaded and airborne?

Any suggestions are welcome.

Thanks and Best Regards,

Jim Shaughnessy
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