Thread: defer invoicing or revenue recognition
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Old May 8th, 2008, 02:15
jimshaughn jimshaughn is offline
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Re: defer invoicing or revenue recognition
All,
For users of Oracle Applications I found a Release Content Document for the Oracle E-Business Suite Release 12 titled: r12_logistics_rdc.pdf that contains the following notes:

3.2.2.7. Customer Acceptance/ Deferred Revenue

This feature will allow for more sophisticated accounting to take place as a result of ship confirmation. When customer acceptance and other common contingencies are required prior to recognizing revenue for a shipment, Oracle Shipping Execution will support deferring the revenue through integration with Oracle Receivables. In addition to user directed events, implicit acceptance will be supported using a number of days after shipping.
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