Revenue Recognition in Project Manufacturing Environment
HI All,
Can you please share thoughts on Revenue Recognition in project manufacturing environment. Cost becomes actual project cost when the material is received into project locator and then it is eligible for RR, but we want to RR at a later stage say at Pick Confirm or ship confirm.
Can you please suggest the correct practice for the same.
Thanks,
Hemant
Can you please share thoughts on Revenue Recognition in project manufacturing environment. Cost becomes actual project cost when the material is received into project locator and then it is eligible for RR, but we want to RR at a later stage say at Pick Confirm or ship confirm.
Can you please suggest the correct practice for the same.
Thanks,
Hemant
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