Hello Community-Experts,
in the last weeks I implemented the down payment functionality for the result analysis with Percentage of Completion Method. This is shortly described in note 448150. Following this note, two result analysis categories need to be created, RRDP (reduction of the revenue in excess of billings through down payments) and DNPS (down payment surplus). In case of revenues, I understand the Revenue in Excess of Billing scenario, as well as Revenue Surplus. What I do not understand is the scenario of "Down payment surplus". Is here anyone, who can explain, how it looks like in accounting and POC, if I want to achieve a "down payment surplus"? And example / scenario with figures would be very helpful. I even have not found any clue in IFRS 15 ^^
Thank you and kind regards
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