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Projects - EBS (MOSC)

Revenue recognition in Projects and in AR.

Apr 11, 2012 7:48PM edited Apr 12, 2012 5:23PM in Projects - EBS (MOSC) 3 comments

HI All,

I have doubt regard revenue recognition in Projects. Revenue can be recognised in projects as well as in AR.

Say i have created one event of $1000 with bill amount as $1000 and invoice amount of $1000.

NOw interfaced invoice to AR and revenue to GL.

WIll the reveue be recognized in AR for the invoice amount of $1000 and in projects also for $1000?

Thanks

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