This information will help Job Cost Users and Information Technology Staff help understand the Create Journal Entry Process and what needs to be accomplished to have a successful Profit Recognition run. The program is available from G5122 or EnterpriseOne Menus/Project management/Job Cost/Periodic Processing/Profit Recognition/Create Journal Entries.
Job Cost Users and Information Technology Staff should find this document helpful when trying to understand the Create Journal Entry Process (G5122/R51444). This document covers a job that has actual revenue and cost recorded, as well as a budget for both revenue and cost. The purpose of this document is to help with the understanding of the main concept of creating profit recognition journal entry creation.
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