Revenue Recognition for Hourly, Fixed Price, and Milestone-Based Engagements

Define your project-based revenue recognition policies including time & material, percentage complete and fixed price scenarios. This session will demonstrate how Tenrox allows mapping to appropriate WIP (work in progress) accounts for all project billings including time, expenses and charges. We will demonstrate how transactions for accrued revenue are automatically posted to your financial system and how WIP accounts are adjusted as actuals are invoiced.

Presenter: Carol Beaulieu, Manager, Solution Consulting