Project Advancement Add-on
This add-on allows you to update the percentage of completion of all your fixed-price projects massively via an Excel file import. From there, you can automate your percentage-of-completion revenue recognition entries at each accounting closure.
This add-on is designed for companies working in project mode and recognizing sales on a percentage-of-completion basis.
The Project advancement add-on features:
- Automated manual entry of data such as project completion dates and percentages
- Mass integration of percentages of completion for multiple projects and multiple periods
- Anticipated periodic income on a long-term project
- Optimized management and accounting follow-up: revenues are recognized each period according to the percentage of completion of the work
Project setup
Cost: on quotation
"This add-on enables finance teams to control sales recognition linked to project progress in just a few clicks. "Ankur, SAP Senior Consultant