Learn about Redwood and be one of the first to join the conversation

Visit Redwood Community
Project process configurator based event creation on a specific date — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Project process configurator based event creation on a specific date

Received Response
21
Views
2
Comments

We are using a project process configurator to calculate POC (% of complete) revenue based on a custom formula. Then that PPC is assigned to an amount-based Revenue recognition process.

Our requirement is that throughout the month as we generate invoices using billing events to customers, we would recognize invoiced revenue while doing so PPC-based POC calculation should not get triggered. PPC-based Revenue recognition should happen only at month's end.

Is there a way using which we can do that?

For Example Contract X is linked with Customer XYZ and Project 123 is providing the service. Throughout the month, we generated billing events to record sales of goods which will generate Invoices and revenue for

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!