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Finance forum

Set Deferred Revenue Schedule to begin in future

Posted on by 2
We would like to create an invoice to the customer to bill them for an upcoming subscription renewal, where invoicing today for the future period. For example, if today is May 1, we would invoice the customer today for the subscription period that begins on July 1, 2024, and runs through June 30, 2025. Based on subscription billing revenue deferral parameter, the first day of next month is as far in the future as I can set the start of the first revenue recognition period.
Is there a way to set the deferral period start to July 1, 2024 for an invoice created May 1?

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