Toolkit Tuesdays: Deltek GCS Premier Training – Understanding Revenue Recognition (VIDEO)

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Revenue recognition is one of the more difficult concepts in GCS Premier, especially if you’re coming you’re used to using Quickbooks where everything is “revenue equals billing” by default.

In this video we go through the revenue recognition methods of the various contract types (FFP, CPFF, T&M), how to set ceilings by direct/indirect cost bucket, debugging and auditing the revenue recognition, reports available, and posting to the general ledger.

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