Application setup overview

An integral part of managing the projects, activities and processes that provide an operational view of your organization is the ability to bill and recognize revenue directly from your Project Accounting application.

The Billing and Revenue Management application lets you define and maintain billing information for billable activities, including customer information, contract amounts, and billing methods. You can assign a customer to a contract, and define the percentage of the activity to be billed. In addition, you can define revenue recognition parameters independent of the billing cycle.