Incoterms DDP on sales orders, how to manage the revenue recognition?

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Posted on by Bastian Antoine

Hello,

Our entity in Hungary uses the DDP incoterms, which means the revenue can only be recognised once the product is delivered at the customer' site and that we have a confirmation.

For our other entites (France, Germany), we use Ex works so the deferred revenue account is impacted when we post the packing slip on the sales order in AX.

We cannot have that behavior in Hungary as it only means that the product was shipped out of our warehouse.

How can we manage to have a financial transaction posted when the order is fulfiled, i.e. the product arrives at our customer's site?

Then , when we issue the invoice in foreign currency the amounts are converted with the exchange rate at the fulfilment date. So we need to have that information somewhere.

Is it included in the localisation?

Kind regards,

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Galyna Fedorova 3,566 on at

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Hi Bastian Antoine,

It sounds like Russian functionality of the postponed passing of property. When you post sales invoice, AX will not post customer debts, it will post customer debts once you register the passing of property. Have you checked that functionality?

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