Calculate Revenue Recognition

Use these steps to recognize revenue on one or more jobs. You can manually change the details of the recognized revenue for each job if needed or recognize revenue by batch.

To calculate revenue recognition:

1. Under the Jobs menu group, go to Job Administration > Revenue Recognition > Job Revenue Recognition.
2. In the Selection Criteria panel, use the available criteria to display the jobs for revenue recognition.
3. Toggle on Show Lines to display the results.
4. Edit information on each line as needed.
5. To select jobs for revenue recognition:
   • From the Calculate dropdown list, click Mark for Calculation to select all displayed jobs; OR
   • Select the Calculate checkbox on each job for which revenue should be recognized.
6. From the Calculate dropdown list, click Calculate Revenue Recognition....
7. In the dialog box that displays, enter a revenue recognition date. This is a required field.
8. Select or clear the other checkboxes in as needed.
9. Click Calculate.