Can anyone help me with what transaction triggers the Posting Controls of GP22 - GP25? I can’t get these transactions created in the application. What process creates these?
Solved
IFS Apps 9 Projects - Posting Controls GP22 - GP25
Best answer by BAKLarryG
Thanushi -
Thank you very much for this response. When I change the Revenue Recognition method to Event Based, the text says that the user can define events with revenue and costs to recognize for each event.
You mention it above as “Possibility to define events and connect revenue, cost and percentage of completion (POC) to each event”.
What type of setup is needed for these events? Where is this done?
Is it possible to still use POC Income First as the Rev Rec Method, and still use the checkbox for “Post Actual and Recognized Revenue Difference?
Thank you again for your response
This topic has been closed for comments
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.