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Advisor Webcast Recording: JD Edwards Revenue Recognition - Job Cost and Contract & Service Billing Accounting Changes are coming on 16. September, 2016 [Video] (Doc ID 2151717.1)

Last updated on SEPTEMBER 15, 2020

This one-hour advisor webcast is recommended for functional users who manage the revenue recognition for either jobs or billing contracts. There are changes to how Revenue Recognition is reported under the new accounting standard. The new standard will apply to almost all companies reporting under U.S. GAAP and IFRS. Enhancements are being made to JD Edwards EnterpriseOne and World software to support this new legislation. Customers should assess the impact to their business, as well as to determine when to transition to the new standard. See how the Job Cost and Contract and Service Billing software modules have been updated to accommodate the new standard.

Topics covered:

  • Overview of the new revenue recognition accounting
  • Managing multiple performance obligations in a single job in Job Cost
  • Recognize revenue and make adjustments to the performance obligations
  • Learn about the additional features added to Contract and Service Billing to accommodate the new accounting standard

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