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  • The Enable Items of Work Type in Sales Documents option on the Administration > Settings > Sales form.
  • The Advanced Product Costing option on the Administration > Settings > Production form with components of cost objects selected from Item, Project, Project Task, Customer Order.

Documents A document of this type are is used for partial recognition of the projected revenues based on the related costs. projected revenues associated with a customer contract, related project or customer order. When specific works are completed and certain contract obligations are fulfilled and it is acknowledged by the customer, then the entity can recognize the revenue from these completed works according to core principle of IFRS 15. The costs associated with these works are also recognized by this document.


The Phased Revenue Recognitions list

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