Completed Project Method (RR)

Select this method to recognize revenue on completion of a contract.

When to use this method

This method is used when you prefer to recognize revenue only on completion of the contract.

Calculation of revenue recognized

Revenue recognized = Revenue at the completion of the contract.

Levels at which it can be recognized:

  • Project
  • Extension

Constraints

The project status must be Closed.

The extension status must be Invoiced

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