hello,
We are using revenue recognition method POC Revenue First (Capitalize revenue/expenses) and capitalization method = transaction. POC method = actual costs. This is IFS cloud 24r2.
There are some costs (via manual voucher entry or non-PO supplier invoices) connected to the project that should not be included in revenue recognition calculation (for POC, recognized revenue and recognized cost). Is there any setup in IFS that can accomplish this.
Hello.
You could go with a solution where you exclude some accounts for Revenue Recognition.
Hello,
In addition to the previous info from
For periodical capitalization, you have more setup possibilities: you can exclude from capitalization and recognition costs and revenues from specific accounts and specific project activities, in General Ledger only, Internal Ledger only or both.
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