Posts Tagged ‘Revenue Recognition’
Project Accounting in Dynamics GP vs. Business Central: A Separate Module or a Project Card in the Core-Round 43
Welcome back to our Dynamics GP vs. Dynamics Business Central Functionality Face-Off. This is Round 43. We have spent the last few rounds on the shop floor — most recently on material planning. Today we move to service and job-based work: tracking a project’s costs, billing the customer, and recognizing revenue as the work gets…
Read MoreDeferrals in Dynamics GP vs. Business Central: Remember Every Time or Set It Once-Round 28
You invoice a customer in January for a year of support. The cash shows up now, but the revenue belongs to all twelve months. Same story on the expense side: you pay your insurance premium once and it covers the whole year. Deferrals are how your ERP spreads those amounts across the right periods —…
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