What happens if I change the accounting date?

If you change the accounting date, this becomes the new start date for revenue recognition, in place of the revenue start date on the transaction line.

You can change the accounting date provided either of these factors is true:

  • No revenue scheduling rule exists on the transaction line.

  • If a revenue scheduling rule exists, it's for a single period only.

If a revenue scheduling rule with more than one period exists, Receivables uses the original start date and revenue recognition schedule on the transaction.