Accounting entries in Receivables

A quick re-cap of accounting entries generated in Oracle Receivables: Invoices: When you enter a regular invoice through the Transactions window, Receivables creates the following journal entry: DR Receivables CR Revenue CR Tax (if you charge tax) CR Freight (if you charge freight) If you enter an invoice with a Bill in Arrears invoicing rule with a three month fixed duration accounting rule, Receivables creates the following journal entries: In the first period of the rule: DR Unbilled Receivables CR Revenue In the second period of the rule: DR Unbilled Receivables CR Revenue In the third and final period of the rule: DR Unbilled Receivables CR Revenue DR Receivables CR Unbilled Receivables CR Tax (if you charge tax) CR Freight (if you charge freight) If you enter an invoice with a Bill in Advance invoicing rule, Receivables creates the following journal entries: In the first period of the rule: DR Receivables CR Unearned Revenue CR Tax (if you charge tax) CR Freight (if you charge freight) DR Unearned Revenue CR Revenue In all periods of the rule for the portion that is recognized. DR Unearned Revenue CR Revenue