Revenue Milestones

A revenue milestone sets a point at which partial profit and loss is recognized. You define where the milestone occurs and set the assumptions that determine how it is realized.

Use the Requirements tab to set requirements for each milestone. It is not necessary to have a requirement for a milestone.

The Audit tab provides an audit trail for the user.

Note: Only projects with a WIP Relief Method of Revenue Recognition (as defined on the Projects form) appear in the Revenue Milestones and Invoice Milestones forms.