The module adds a section in Accounting, Revenue Realization. We can find this in Accounting->Configuration->settings
Under the Revenue Realisation Details Customer menu – we can add default debit -credit account of the customer and the recurring journal entry . Moreover, under the Supplier can select the corresponding details of the vendor.
The details selected here will be loading in customer/supplier invoices by default – Revenue realisation tab:
The revenue realisation tab for the invoice below is :
On clicking the ‘Create Recurring Model’ Button Recurring model will be created and clicking the ‘Create and Compute Recurring Lines’ corresponding subscription lines will be created:
Similarly the created model :
The values in the model includes such as :
1.Model Name – invoice number
2.journal – the recurring journal of customer
3.lines includes – name – reference in invoice
Account of debit line – recurring debit account
Account of credit line – recurring credit account
Partner – customer in invoice
Debit/credit amount – invoice price subtotal
The created recurring lines :
Hence, start date ,Period type , Period , number of periods from invoice tab and subscription lines are created according to the value of the period and number of periods and period type.
In this case for each subscription line created a journal entry in unposted state is created :
Similarly, same functionality can be achieve from vendor bills also.