Setting up activities

This chapter covers how to set up activities in the Project Accounting application for billing and revenue recognition. An activity is a client, contract, phase, task, or other component within an activity group. Activities provide a framework for establishing and collecting budgets, costs, revenues, and statistical information. Before you begin using Billing and Revenue Management, you must complete the setup tasks described in this chapter.

Before you can define activities, complete the setup tasks described in Setting up activity groups.