Case:

Configuration:

Create Two products Sofa Cost: 6000 Sale price: 10000

Table Cost: 8000 Sale 15000

Invoice Policy: Order Quantity

Down Payment Product set the Account Deferred Revenue or Down payment; Account type Current Liabilities Automation select create in draft option for Deferred revenue model creation.

Order date: 15th Jan, 2024

Create Sale order for 2 products 1 Sofa 1 Table Order Value: 25000

Create Down Payment invoice with 100%

Journal entry Should be:

On the confirmation of the invoice based on configuration deferred revenue model automatic created in the system. Go the Model and select duration of model as 2 months, and set the revenue board as per below

Now Deliver the goods and create a Regular Invoice:

Journal Entry Should be:

Here, your income account hit double the amount first on 31st Jan 15000 at the time of regular invoice 25000 on 29th Feb 10,000 How can we control this?