You have posted a customer invoice for the project-based sales order items with the accrual method Recognize At Completed Contract (Revenues Only) but you observe that the revenues are not referred any more but immediately relized to the respective Revenue account.
Reproducing the Issue
- Go to the General Ledger work center and choose the Journal Entries view.
- Open the Advanced filter and search for Journal Entry 00025 - Customer Invoice to find the respecitve journal entry for your customer project invoice XXX.
- You notice that the Revenue has not been deferred but realized directly to the revenue account.
The status of the project task or milestone has been set to complete manually before the creation of the customer invoice.
If this accrual method is assigned to the sales order item, the revenues for each project task/ milestone will be deferred until the task/milestone is finished (completed-contract method). Costs will no longer be deferred either.
When the status of the task/milestone is set to Completed, Closed, or Stopped, no further deferrals of revenues or costs take place.
KBA , SRD-FIN-GL , General Ledger , How To