Hello,

The current revenue recognition methods in Continental and Anglo-Saxon methods only realize revenue when the invoice is “ISSUED” and not when goods “Leave the warehouse”. This isn’t in line with IFRS especially when considering the

a) Risk of Loss and

b) transfer of title and

c) the matching principle

The REVENUE & CoGS should be recognized when the goods leave the warehouse.

Can someone guide us if there is a setup in the system to fix this issue