Hello All,
I have a customer requirement, where they want to run a periodical capitalization and revenue recognition. However, they do not want to reverse the revenue recognition postings on next period rather they want to keep calculating and posting the revenue to be recignized on the periodical basis.
Ultimately, they are looking for the result fo monthly report and yearly report for revenue recognized for a long term projects which has ifecycle of minimum 3 years?
I know IFS standard functionality, will always reverse the previous period voucher and calculate again cumulative amount to be recongnized. but did anyone has similar kind of requirement and solution suggestion for this?
Thanks
Raj