I'm having trouble cancelling a customer contract. Let's say contract start date is in 2012 and end date in 2015. We have invoiced customer, recognized revenue and cost in 2012 and 2013 and now we want to stop / cancel this contract with date 01/01/2014. SAP tells me I can't cancel contract if there are any journal entries / documents posted and I would have to cancel those first??? Well, I don't want to do that because those are valid. I just want to shortened the time of contract and stop revenue recognition as of Jan 1st? Even if I change contract status to fulfilled, but the end date of contract is not met, the revenue recognition keeps going as per the selected accrual method. Can anyone help?
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Customer Contracts Cancellation
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