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Reverse Revenue Recognition Process

Overview:

Use the Revenue Recognition window to reverse the previously calculated revenue recognition process. This process also automatically the accounting entries that were originally posted

Benefits:

  • Easily reverse the revenue calculation process in the event adjustments are needed
  • Automatically reverses the calculation and all accounting entries

Roles:

  • Accounting Manager
  • CFO

Location:

  • Financial & Accounting > Processing > Revenue Recognition

Video:

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Penta Technologies continuously strives to improve customer content, therefore, information is subject to change at any time.