Skip to main content
Solved

Revenue Recognition for Progress Billing


brianmcmillin100
Freshman II

In the Acumatica produced YouTube video Set up Allocation Rules to Recognize Revenue - Acumatica Construction Edition from April of 2020 viewers are cautioned against using Auto Completion of the Cost Budget if there is more than one cost line per task:

https://youtu.be/FsnWNWsrWPk?t=413

 

Is this still a limitation?

If not, in which release was it resolved?

If so, is it dependent upon the selection of Completion Method (Budgeted Amount or Budgeted Quantity)?

Best answer by Heidi Dempsey

Here is a PDF, hopefully that works.

View original
Did this topic help you find an answer to your question?

3 replies

Heidi Dempsey
Community Manager
Forum|alt.badge.img+2
  • Community Manager
  • 244 replies
  • October 17, 2022

@brianmcmillin100 Yes it is a limitation although i do have a sample allocation rule that can follow the cost code or inventory id of the Project Transaction.  I have attached a simple scenario to show you how it can work.  Feel free to reach out with any questions.


brianmcmillin100
Freshman II

@Heidi Dempsey Thank you.  I am hopeful your proposed scenario will meet our needs, but the hosting server for the attachment isn’t ready to let me view it 3 days later: 

Scanning file for viruses

Can you try to repost please?


Heidi Dempsey
Community Manager
Forum|alt.badge.img+2
  • Community Manager
  • 244 replies
  • Answer
  • October 31, 2022

Here is a PDF, hopefully that works.


Reply


Cookie policy

We use cookies to enhance and personalize your experience. If you accept you agree to our full cookie policy. Learn more about our cookies.

 
Cookie settings