We have recently enabled the Revenue Plan for our intercompany contracts
We have recently enabled the Revenue Plan for our intercompany contracts with Amendment effective date May 9,2023.
However upon checking the transactions and expenditure created before May 9 - when we run the Generate Revenue. It generated the revenue as well.
Our Expectation is when we
Create new time cards, Run Revenue Recognition for the Intercompany Invoices and verify that Expenditures created before this amendment effective date are not included in the Revenue Recognition Calculations. Is this the expectation? Thanks
Amended the contract to remove the Revenue Plan
Create new timewriting
Account the costs