Contracts and Revenue Recognition
Contract Management provides the structural foundation required to support revenue recognition processes and integrations with external ERP or revenue recognition systems.
Revenue Recognition Values
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Revenue Recognition Value
Aggregates revenue recognition amounts from directly associated work items -
Adjustment Fields
Calculate revenue adjustments at the contract level based on differences between:-
Aggregated Actual Revenue
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Aggregated Budget Revenue
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Revenue Recognition values
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Integration Context
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Revenue recognition calculations are evaluated at the Contract level
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Contract and work item data can be selectively included in integration workflows
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These values support downstream processing in external revenue recognition and financial systems

