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Revenue Recognition(Service Order with WBS assigned)

ISoma
Participant
0 Kudos
469

Hi Expert!

I create a Service Order with a WBS assigned to it.

ISoma_0-1732061734203.png

In this case, does Revenue Recognition for "Service Document" apply? Or does Revenue Recognition for "Project" apply? My request is that Revenue Recognition for "Project" be applied.

Soma

Accepted Solutions (1)

Accepted Solutions (1)

varunvenkat
Product and Topic Expert
Product and Topic Expert
0 Kudos

Hi Soma,

in case of service orders, the revenue recognition for Service Documents will apply, as the WBS element account assignment in service orders are only statistical. Please refer to my blog on the topic for further details.

Warm regards
Varun

ISoma
Participant
0 Kudos

Hi Varun!

Thanks for your reply, it was very helpful.

Soma

Answers (0)