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Function documentationFulfillment by Percentage of Completion

 

Your contracts with customers may involve a project to which quantities do not apply. The revenue is recognized according to the percentage of the project that has been completed. In this scenario, you can fulfill relevant performance obligations by percentage of completion. This scenario requires the following configurations on the performance obligations:

  • Fulfillment type: Percentage of Completion

  • Event type: Manual

To fulfill a performance obligation of this kind, the accountant manually enters the progress into the Revenue Accounting system by specifying the percentage that has been completed.

More Information

For more information about manual fulfillment, see Manual Fulfillment.