cancel
Showing results for 
Search instead for 
Did you mean: 

RA and Settlement

Former Member
0 Kudos

Hi PS Gurus,

We do not have WIP. We want to post actaul cost and actual revanue as billed.

I am using rev. based RA with acual cost actual rev as valuation method.

Can you please advice how this works with REL and TECO status and what happens on settlement?

I mean how the okg8 rules work>?

Psconsultant

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi

Can you tell me what accouting standard you are referring to?

Former Member
0 Kudos

Hi Ramesh,

Are you reffering GAAP?

Answers (0)