99.987% uptime·0 security breaches·35+ years in education·Built and supported in the U.S.
Posted December 20, 2019
FAQ: Recognizing Revenue on a Payment Plan
PCR Educator's Finance Module recognizes revenue based on the customer invoice issued date. When a customer invoice is posted, transactions are created in the General Ledger with a transaction date that matches the issued date of the invoice. As a result, if an invoice is issued on July 1st and has scheduled due dates that span across the fiscal year, the revenue will still be recognized on July 1st.

If you may wish to recognize revenue based on the payment plan's due date, you can generate new invoices that are issued on each due date of the payment plan.
Update

Streamlined Selector and Widget Configuration

1 min read · Updated April 26, 2026

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