Use Fixed Assets for Deferred Revenue Recognition

DarkSide

I have a situation where a company needs to recognize revenue for prepaid agreements in a manner that is exactly how straight line depreciation works in fixed assets. The difference between depreciation and what I need to do is that the depreciation amounts would need to be negative so the "book value" would be slowly reduced to zero. Normally fixed assets doesn't like to work with negative book values in this manner so I think - Hmmm... a simple modification?

I was wondering if anyone has encountered something like this before and perhaps they have a solution using fixed assets or something else. I've also considered using service contracts but that looks like it would hideously overcomplicate the situation.

Thanks for any advice in advance.