Hi @cperdue ,Thanks for the response.I am very new to IFS, the version we are using is IFS Applications 10.Embarrassed to say i don't what or where the invoice trigger is? Trying to find it but am lost, do you know where I can find that?This is an invoice via sales contract.
Thanks @cperdue , I like IFS but a lot to learn!The invoice is present on the 15th of every month but as per IFRS 15 revenue is not realised until the following month, that is for example:We receive the invoice 15th of January, we want to book the invoice but do not want it on the Profit and Loss (P&L) until the 15th the following month. Currently the clerks are booking the invoice as per the invoice date but then then revenue is being recognised in January for example, so they are having to reclass the posting back to the Balance Sheet (BS) as the revenue is not to be recognised as yet as per IFRS 15 contracts Obligations.Wanted to know whether there is a day to automate this?
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