Use this screen to store information on revenue evaluation and disclosures for a project. You can use this screen to track the progress of your contract evaluation for a particular project and also to document your decisions and disclosures related to how revenue is calculated when there are changes to revenue recognition as a result of the new revenue standard, ASC-606.
This screen has two tabs:
Revenue Evaluation Info - Use this tab to enter revenue evaluation and recognition information and specify notes regarding performance obligations and contract price determination for a project.
Disclosures - Use this tab to enter disclosure notes for a project.
Enter, or click to select, a project for which you want to enter revenue evaluation and disclosure data. By default, only active projects are included in the lookup unless you select the Include Inactive Projects check box.
The field to the right displays the project description.
Select this check box to include inactive projects in the lookup for Project.
This field displays the project manager ID for the project. The field to the right displays the project manager name.