Accounting Entries Based On Invoice and Revenue Methods in Project Contracts
SummaryHow can I map the GL accounting entries for Revenue and Invoices in Contracts based on the Bill and Revenue methods?
We receive Grants from different sponsors (Government, Private, etc). We want to have different accounting entries for reflecting Receivables and Revenue events in GL depending on the Invoice and Revenue methods defined in the Contract lines for these sponsors.
Where would I go to map the Invoice and Revenue Methods to the proper GL accounts?