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