Deferred revenue, WIP & accounting

Deferred Revenue (DR): Liability created when you bill before earning (e.g., invoiced milestones). Decreases as you recognize revenue (FP) or bill T&M work. Projector PSA

Deferred Revenue Page: Shows DR/recognized revenue amounts and detailed DR history/transfers for a CLI. Projector PSA

Work‑in‑Progress (WIP): Asset representing unbilled labor/expenses. Time WIP is created when T&M/NTE time is approved; cleared when invoiced. Projector PSA

Accounting transactions (GL/AP/AR): Projector batches GL for efficiency; issuing/voiding invoices and rev‑rec create the expected accounting entries (e.g., AR, DR, WIP).Projector PSA