Answer: Invoicing Rule determine when to recognise the receivable for transactions. There are 2 types invoicing rules:Bill in arrears and Bill in advance.<br><br>Bill in Arrears recognise receivables at the end of the revenue recognistion schedule. Bill in advance recognise receivables as soon as invoice generated.<br> <br> <br>
Invoicing Rule determine when to recognise the receivable for transactions. There are 2 types invoicing rules:Bill in arrears and Bill in advance.<br><br>Bill in Arrears recognise receivables at the end of the revenue recognistion schedule. Bill in advance recognise receivables as soon as invoice generated.<br> <br> <br> Source: CoolInterview.com
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