Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

Instead, use the following process:

Step 1. Enter a Phased Revenue Recognition with the following entry:

Dr Contract Assets – Cr Sales of Services

Image Added

Step 2. Create a Proforma Invoice based on the Project Progress Report.

Step 23. Create the final Invoice using the Proforma Invoice as the basis document.

...