On data migration we have created projects with the 'balance of the project remaining', the costs and revenues for prior periods are posted to the relevant accounts in the GL however, we are trying to re-allocate the costs and revenues incurred to the projects so that we can use them for Revenue Recognition. We have tried using a Journal but because the projects are customer related we cannot use the journals to allocate values.
Has anyone done this previously and if so, please could you advise on the steps you took.
Regards
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