In effect: an invoice is paid or revenue sits in a closed period, so line items are read-only. Amend the contract to change them.
Revenue posts at each month end through the recognition run (Dr Deferred / Cr Revenue, netting deferred against unbilled per contract). It feeds the Revenue Waterfall and Deferred Revenue reports.
| Month | Status | Journal entry | Revenue |
|---|---|---|---|
| Jan 2025 | Posted | — | £7,000.00 |
| Feb 2025 | Posted | — | £7,000.00 |
| Mar 2025 | Posted | — | £7,000.00 |
| Apr 2025 | Posted | — | £7,000.00 |
| May 2025 | Posted | — | £7,000.00 |
| Jun 2025 | Posted | — | £7,000.00 |
| Jul 2025 | Posted | — | £7,000.00 |
| Aug 2025 | Posted | — | £7,000.00 |
| Sep 2025 | Posted | — | £7,000.00 |
| Oct 2025 | Posted | JE-000085 | £7,000.00 |
| Nov 2025 | Posted | JE-000198 | £7,000.00 |
| Dec 2025 | Posted | JE-000315 | £7,000.00 |
| Jan 2026 | Posted | JE-000433 | £7,000.00 |
| Feb 2026 | Posted | JE-000543 | £7,000.00 |
| Mar 2026 | Posted | JE-000670 | £7,000.00 |
| Apr 2026 | Posted | JE-000791 | £7,000.00 |
| May 2026 | Posted | JE-000916 | £7,000.00 |
| Jun 2026 | Posted | JE-001035 | £7,000.00 |
| Jul 2026 | Posted | JE-001161 | £7,000.00 |
| Aug 2026 | Posted | JE-001285 | £7,000.00 |
| Sep 2026 | Posted | JE-001410 | £7,000.00 |
| Oct 2026 | Planned | — | £7,000.00 |
| Nov 2026 | Planned | — | £7,000.00 |
| Dec 2026 | Planned | — | £7,000.00 |