Summary
Project Operations delivers a connected business solution complete with project accounting capabilities for financial management at every project phase. While the project team records time, expenses, and other transactions that are associated with the project, the project accountant ensures that these transactions are accurately accounted and recorded in the project subledger and general ledger.
In this module, you learned about:
- Project accounting capabilities in Project Operations.
- Using the time and material and fixed price billing methods for revenue recognition.
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