Reverse revenue

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.

Steps

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.