Hi all,
We have a requiremetn as below from customer.
My query is regarding revenue recognition in Russia. According to local GAAP, unless a signed copy of the TORG-12 (Act of acceptance of the transfer of goods) is received from the customer, it cannot be considered as revenue for accounting purposes in Russia, whereas for US GAAP purposes revenue can be recognized once the goods have been delivered.
Our struggle here is we have to make posting to Non-Leading ledger customer related posting, but we cant and it is not possible to release billing to accounting for the leading ledger only.
Searched for any solution on forum, but found only the same question without valid answer, so could you please share you suggestions on this requirement?
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