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Microsoft Dynamics GP (Archived)

Project Accounting - Unbilled Revenue and Receivables

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Posted on by 3,954

Is there any way to post to Unbilled Revenue and Unbilled Receivables up front when a project is started?  This would be a T&M project type and we want the revenue to be recognized either when the project is billed or completed?  How should the project be set up to handle this?

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  • Suggested answer
    Irfan.Rasheed Profile Picture
    Irfan.Rasheed 715 on at
    RE: Project Accounting - Unbilled Revenue and Receivables

    For time and material, there are two types of accounting method used.

    When Performed-

    When Billed-

    You need to select accounting method of project as 'When Performed'.

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