Revenue Recognition

Revenue Recognition

As part of this enhancement, Revenue recognition related parameters and tabs are moved from Project master to new Revenue recognition form under Project module. Parameters are removed from Global parameters.

Projects > evergreen (section) > Revenue recognise

Create new record and add project to enable Revenue Recognition for project in new form. Below are the validations to enable Revenue Recognition:
• Revenue recognition feature does not allow to enable for projects, where chargeable transactions or Submitted time transactions exists.
• It allows if any non-chargeable transactions exist.

Once Revenue recognition record is successfully saved, a hyper link will be attached in the selected project. This hyperlink can be used to switch from the project to the Revenue recognition forms.

Projects > evergreen tab

Note: Both Unit billing and Revenue recognition feature cannot be enabled for a given project