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January 26, 2024
Question

I create invoice with Revenue recognition set up for 3 months. I can see revenue recognition schedule in the report but I did not see transaction in GL.

  • January 26, 2024
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1 reply

January 26, 2024

Hello pom@havensociety,

 

Welcome to Community! Revenue recognition is a dynamic way to automate revenue from your preferred accounts, so you can then feel confident in knowing your data is accurate, for better insights and decision making.

 

Although revenue recognition entries are posted at the end of the month, the income is received on the date it is recognized.  Please refer to this guide, to ensure Revenue Recognition is accurately set up and no changes to the schedules have been made.

 

If you experience the same concerns, please contact our Customer Care team outside of Community.  With your consent, they will be able to work with you in real time, and ensure your QuickBooks goals are are completed with confidence!

 

Feel free to reach out with any other questions.  We would be happy to help!