To allow Users the Option of fixing their Posting Accounts for Invoices generated by the Progress Billing System.
Progress billing normally has no relation to the Revenue one recognizes in the Income Statement. So the Progress Invoice should be: DEBIT Accounts Receivable and CREDIT a Progress Billing Account that has been set up on the Balance Sheet. When Sales is recognized the Entries are DEBIT Sales recognized since Inception, an account created on the Balance Sheet, and CREDIT Sales.
The Existing Progress Billing System post direct to Sales, with no other options.
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John George Ritchie
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