Hello All Expert,
I am new at Project management and accounting and started working on D365.
I am working on Fixed Price project type. First in Project Group on
Revenue Recognition field : Completed Percentage
Calculation Method : None
Matching Principle: Sales Value
After creating project I created one hour forecast line and after that created on on account transaction line.
Created one hour journal.
While estimates its showing 100% on the percentage completion and I am not getting the reason behind that. I tried 3-4 times.
In Hour Forecast I used 100 hrs, cost amount 20000, sales amount 30000
On account transaction Sales value 50000
Hour journal 20 hrs Cost amount 400
but still it is showing 100% in estimates. Please help me into that. I will be grateful, working on it from 3-4 days.
Thanks in Advance