eBooks
Issue link: https://read.uberflip.com/i/909316
3 Project Accounting Revenue Recognition Logical separation Improve customer satisfaction with a system that decouples billing from revenue recognition. See project summary information right at your fingertips. Key Benefits Flexible schedules Set revenue recognition schedules by contract line item. Automated revenue recognition Use milestones, schedules, percentage completion, and project completion to drive revenue recognition. Automatic AR and deferred revenue calculation Gain accurate forecast visibility Support for contract modification Pause, resume, modify, and cancel in-progress revenue recognition schedules with complete flexibility and accuracy. Audit ready Track the entire transaction history to reveal how and why an action was taken. Reporting and Dashboards Role-based dashboards and reports Get fast, visual updates on all aspects of your projects. Custom and ad hoc reporting wizard See operational reports, financial statements, and utilization reports. Standard reports and graphs Analyze key metrics—including project and client profitability, project delivery costs, and employee utilization—with more than 25 Real-time data Get up-to-the-minute financial, managerial, and operational reports as soon as timesheets and expenditures are submied, and view current backlogs, project status, and revenue streams. Complete project-to-cash lifecycle See a 360-degree managerial view. Templates Simplify your revenue recognition processes with easy-to-use templates.