What happened to the option to set up revenue recognition when creating a product or service?

Hi trina-corneroffi,

Thanks for reaching out to us here.  Setting up revenue recognition is a great way to automatically schedule revenue movement from your preferred liability account, to your chosen asset account.  This feature is available in QuickBooks Online Advanced.

Here's how to turn it on;

1.Go to your Settings , select Account and settings, then Sales

2. Click on the Edit ✎ in the Products and services section

3. Turn on Revenue recognition

4. Choose the Frequency

5. Hit Save, then Done.

Touch base with us again, if you have any other questions.  We would be happy to help!