Configure revenue accounts based on events or revenue categories in PPM
Our Scenario:
For a specific grant project (e.g., UNICEF Pump Installation), the billing should generate a combined entry, but split the revenue portions dynamically:
- Main Project Revenue Portion: Should clear to a specific account (e.g., UNICEF Income CR).
- Management Fee Portion: A specific portion of the grant needs to be routed to a separate management fee account (e.g., Management Fee CR).
What we have done so far:
- We have set up a distinct Billing Event associated with a specific Revenue Category for the "Management Fee" inside Project Accounting. This generates a separate invoice line item when the contract invoice is created. [
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