E1: 12: Profit Recognition at the Project Level (R51800)
(Doc ID 2262946.1)
Last updated on JULY 24, 2020
JD Edwards EnterpriseOne Project Costing - Version XE and later Information in this document applies to any platform.
This information will help Job Cost Users and Information Technology Staff understand the Profit Recognition Process and what needs to be accomplished to have a successful Profit Recognition run when running Profit Recognition at the Project Level. It will also cover what needs to be setup so monthly profit recognition journal entries can be created. This document assumes that the Job Cost Constants (P0026), and Ledgers, have been setup correctly and conform to the required standards. If additional information is needed on the above topics please review the Job Cost Information Center for additional information. JD Edwards EnterpriseOne Project Costing (Job Cost) Product (Doc ID 1538438.2).
Job Cost Users and Information Technology Staff should find this document helpful when trying to understand the Profit Recognition Process at the Project Level. This document covers how to setup jobs and projects so that Profit Recognition can be run at the Project Level. It will cover setting up two jobs that rollup to a single project.
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