Revenue recognition in Microsoft Dynamics 365 Finance and Operations - end to end flow

Revenue recognition in Microsoft Dynamics 365 Finance and Operations - end to end flow

1) Create a Sales order and specify the item involved in revenue recognition in sales line

2) Validate revenue schedule and  specify start and end dates

3) On SO confirmation, expected revenue entries are generated

4) After Sales order is invoiced, deferred revenue and Cost could be recognized (typically month end) using a batch process to create revenue journal or could be done directly for a specific sales order