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You may occasionally find that you need to reverse revenue recognition. You'll find reversing revenue recognition is required in the following cases:

  • New time cards were approved for a previously recognized period and need revenue allocated to them. New time cards always start with 'null0.00' revenue on them.
  • A time card that has already been through revenue recognition needs to be transferred to another project. Recognized time cards cannot be transferred.
  • A time card that has already been through revenue recognition needs to be edited/deleted. Recognized time cards cannot be unapproved or deleted.
  • You messed up (Hey, everyone's human!)

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