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The Projected Cost and Contract can be updated for revenue recognition purposes using the Projected Value Entry window.

Note:  If the adjustments are not made in PENTA and a manual revenue recognition entry is used instead to override revenue, the WIP Report out of PENTA will not be 100% accurate.  The WIP report should reflect he revenue, therefore, a manual revenue recognition will also require a manual WIP report.

Benefits:

  • Ensure the revenue recognition calculation is complete and accurate

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