Hi All,
Does anyone else used the Percentage-of-completion Method for Revenue and Cost Recognition.
We do ours manually out of Epicor since Epicor informed us that it would not be able to handle; we are okay with it, but when we close a Project, there is always a difference in the Cost recognized which we do a GL adjustment but four surprise the following month after we closed the Project and adjusted the book the system try to reverse the closing entries.
That only happens for the Cost; the Revenue works fine.
Does anyone had experience the same issue.
TIA