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Project Finance - Revenue recognition of periodical Projects

  • September 15, 2022
  • 2 replies
  • 418 views

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  • Sidekick (Partner)

 

Dear Experts,

Appreciate it if you could help on the steps that I need to follow  on the Capitalization and Revenue Recognition Periodical flow with regards to the financial project.

 

Thank you.

Best answer by Adam Bereda

Hello

Project source does not matter here at all. You should follow same steps for any project - set up basic data for Project capitalization and revenue recognition in Project accounting window first and then execute capitalization and revenue calculation for all projects suitable in the Periodical Capitalization and Revenue Recognition window (create record for month, save and execute capitalization, recognition calculation and recognition posting actions)

2 replies

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  • Hero (Customer)
  • Answer
  • September 15, 2022

Hello

Project source does not matter here at all. You should follow same steps for any project - set up basic data for Project capitalization and revenue recognition in Project accounting window first and then execute capitalization and revenue calculation for all projects suitable in the Periodical Capitalization and Revenue Recognition window (create record for month, save and execute capitalization, recognition calculation and recognition posting actions)


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  • Author
  • Sidekick (Partner)
  • September 16, 2022

@Adam Bereda  Thanks a lot.