Microsoft Dynamics AX Revenue Recognition Process for Completed Percentage Project / Sales Method

This whitepaper provides information for processing revenue recognition. Setup considerations through processing a project estimate is included. The estimate process is used to calculate / gather all costs / on-account revenue transactions that are then used to calculate the percentage complete. Once the calculation is complete and posted, costs and revenue (based on %) are reversed from the Balance GL accounts and posted to the applicable P&L account(s).

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