Journalizing contract revenue by contract group

  1. Sign in as Project Accountant or Project Administrator.
  2. Select Project Processes > Invoice Processes > Journalize Revenue.
  3. Specify this information:
    Contract Group
    Select a contract custom group. A custom group is a user-defined group of contracts to run revenue recognition. For example, you can group by contract type.
    Posting Date
    Specify the posting date for the revenue.
    Billing Group
    Select a billing group. You can journalize by billing group if invoices were generated by billing group.
  4. Click Submit.