...
To set up phased revenue recognition, you need to:
- Go to Administration > General Settings > Enable Phased Revenue Recognition.
- Access the specific contract > Terms tab > activate Phased Revenue Recognition
...
- To associate costs with specific cost objects, enable Advanced Product Costing on the Administration > Settings > Production form and choose which objects can be used as cost objects: Customer Order, Project, Project Task, or Item.
To create a Phased Revenue Recognition document, -
go to Project Costing> Phased Revenue Recognition.
...