1. Manufacturing
  2. Project Control Suite
  3. Activities

Reverse revenue
Advanced Project Management task

You can post a progress bill revenue as a fee to already claim the revenue before the customer has approved the progress bill.

If the customer:
• Rejects the progress bill, you must reverse the revenue posting. This topic explains how to do so.
• Accepts the progress bill, the initial revenue posting is automatically reversed on posting the progress bill.



Standard procedure

1. Go to Project management and accounting > Journals > Progress bill > Project.
2. In the list, mark the selected row.
3. Click Reverse revenue.
4. Click OK.
 

Note: If required, you can also process the reverse revenue posting in batch.
5. Close the page.
6. Go to Default dashboard.
Related to Notes

Use progress billing with temporary revenue claim

 		 

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