Result Analysis Based on revenue plan in cjr2
I have a requirement for RA which is based on revenue plan maintained on WBS in CJR2.
The cost would be posted as incurred. RA should not use cost for its calculation.
RA would just recognize revenue based on what is planned for that period and invoice raised.
if Plan revenue is > Invoice amount then difference will posted to deferred
if plan revenue is < Invoice amount then there will be posting to unbilled accrual.
Every time the RA runs, it should make the adjustments based on Plan Revenue, invoice revenue and deferred.
What method of RA would work for this? and is it standard?
Thanks for any suggestions.
Paulo Vitoriano replied
The same answer that was originally marked as correct gives you explanation how to eliminate reserves. You should put the maximum amount something like 999999999 as a cap for reserves condition, same can be done for WIP.
I assume it was only part (b) that is an open question, since part (a) is okay.