Recognising Revenue daily


Posted on 16th Feb 2014 07:03 pm by admin

Hello.
Has anyone come across daily recognition of deferred income?
We want to implement Revenue Recognition for a new project.
The business wants to see (recognise) the previously deferred income on a daily basis.
Contracts that are signed on the 10th of the month should accrue everyday of first month and subsequent months so that on the 20th of the month it shows monthly contract price divided by the number of days of the month.
I have been unablke to find out out anything about this daily accrual in the Revenue Recognition Best Practice pdfs available from SAP.

Thanks

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