We are facing a problem on the revenue recognition.
In the Revenue Recognition process, capitalization and revenue recognition is launched for period 6 of the accounting year.
788 projects are identified by the system.
The capitalization step is processed without error raised by IFS.
Expected vouchers are created for capitalization.
The revenue recognition is processed without error raised by IFS.
Expected vouchers are created for revenue recognition except for 7 projects.
Those 7 projects are setup as follow:
They all have invoices (advance invoices -> actual revenues) but no cost.
In the Periodical Capitalization and Revenue Recognition Project screen, the actual revenues and costs are calculated as expected:
The capitalization voucher is also generated as expected:
Issue: However, no revenue recognition voucher is generated to balance the actual revenue, i.e. the Actual and Recognized Revenue Difference seems to be ignored.
We have opened two IFS cases on this subject. The responses indicate that this is standard IFS behavior; no revenue recognition if there is no cost.
I know other customers are having this problem as well.
Is there a workaround or another procedure? Can it be automated?
Thanks and regards.