Hello,
I need to have a rental contract created, But the payment is one shot.
For example, if the customer rents a cylinder for a contract period of 1 year, he pays the contract payment for 1 year in one single shot. So, i need to have the periodic billing plan tweaked to take the payment and have just one billing doc and invoice created with 1 whole payment.
Can this be done?
Also, i want the revenue recognition to be activated to have this whole 1 year's payment split and posted on a monthly basis to finance.
Can someone help me with this?
Also, how can this be changed , reverted in case of contract cancellation in the middle or addition of material on the same existing contract. Please let know.