Which revenue recognition principles are supported in PlanAutomate?

Written by Henrik Lerkenfeld

PlanAutomate supports the completed percentage and the completed contract methods.

Projects configured with completed percentage revenue recognition can base accrued revenue on EAC completion as defined in the costing sheet. Both the costing sheet and the revenue recognition process are typically configured to align with the financial periods so that EAC completion and revenue recognition are processed at a monthly cadence.

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