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Finance | Project Operations, Human Resources, ...
Answered

Project management item requirement revenue recognition

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Posted on by 1,250

Hi, 

I have a project item requirement (Time and Material project). I have setup for revenue recognition for the item. Item itself is creating revenue schedule in sales order but when put on an item requirement, I am not getting any revenue schedule which is intriguing. I have setup the posting profiles for the item and the project and it looks okay as I am not getting any error while posting but the end result "schedules" are missing. Is there any specific setting for projects?

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Same item is working fine by itself on the sales order (with no project)

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I also do not know how to confirm a project item requirement as there is no button, please assist.

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  • Kumar_Sat Profile Picture
    1,250 on at
    RE: Project management item requirement revenue recognition

    Okay, I got it. Thanks, Andre.

  • Verified answer
    André Arnaud de Calavon Profile Picture
    297,399 Super User 2025 Season 2 on at
    RE: Project management item requirement revenue recognition

    Hi Satyendra,

    The revenue recognition (schedule) on sales orders is not working with item requirements. You have to create a sales order. This sales order can be started from a project.

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