Hello All,
When we are runnin result analysis in Project Systems the Values comming in Revenue affecting net income is not matching with my Sales account.
according to me what ever i come to know is what ever WBS inoviced in the mentioned period must come in the Result analysis under the head of Revenue Effecting Net Income and what ever is revenue is recoginized based on the cost must be in the Excess Billing and Unbilled Revenue columns.
Now our issue is after running the result analysis i am supposed to get the Value of my Revenue Effecting Net Income equal to the actual invoices booked in the current month. but when i am comparing the FI Balances with my Result Analysis it is not matching.
Can any one explain me if my thinking is correct or what is the actual process that will take place during the result analysis and the settlement of WBS and its financial accounting impact.
Best Regards,
Ravi Reddy