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learn when and how to use revenue recognition |
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| title | Additional Resources |
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- The Contract Line Item - Revenue Recognition landing page shows the web-based rev rec user interface.
- The March 2022 Release Overview Webinar provides an overview of the updates to revenue recognition on the web introduced on March 12, 2022. (go to 26:23)
- Watch this webinar, Bridging the Gap between Delivery and Finance Teams [go to 33:03], to learn how Projector uses Dynamic Systems Revenue Allocation for Revenue Recognition.
- Recurring Revenue Management Webinar (go to 21:25) walks you through the process of recognizing recurring services revenue.
- For learning about Bulk Revenue Recognition, watch this webinar. (go to 32:25)
- In this webinar we talk about managing financial processes-billing and revenue recognition for a fixed price project. (got to 20:57)
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When to Recognize Revenue
When you should use revenue recognition depends on the contract type. Time & Materials, Not To Exceed, or Fixed Price. The table below explains common reasons to use Rev Rec for each of these.
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| Tip |
|---|
| title | Additional Resources |
|---|
|
- Watch this webinar, Bridging the Gap between Delivery and Finance Teams [go to 33:03], to learn how Projector uses Dynamic Systems Revenue Allocation for Revenue Recognition.
- Recurring Revenue Management Webinar (go to 21:25) walks you through the process of recognizing recurring services revenue.
- For learning about Bulk Revenue Recognition, watch this webinar. (go to 32:25)
- In this webinar we talk about managing financial processes-billing and revenue recognition for a fixed price project. (got to 20:57)
|
When to Recognize Revenue
When you should use revenue recognition depends on the contract type. Time & Materials, Not To Exceed, or Fixed Price. The table below explains common reasons to use Rev Rec for each of these.
...