WIP, Unbilled Revenue & Intro. to RevRec

In this Lunch & Learn session, OAS Senior Consultant Martha Griffith explores the various Revenue Recognition methods available in Unanet AE and how firms can select the approach that best aligns with their accounting and project management requirements.

The presentation covers Revenue = Billing, Rev Rec Light (Recognition of Work in Progress), and the Post-Earned Revenue module, along with the advantages, limitations, and use cases for each method. Attendees will learn how revenue recognition impacts project financials, billing, work-in-progress balances, profitability reporting, and month-end financial processes.

The session also discusses setup considerations, reporting implications, common challenges, and best practices for maintaining accurate revenue recognition throughout the project lifecycle.

This training is ideal for accountants, controllers, CFOs, project managers, and Unanet administrators looking to improve financial accuracy, project visibility, and revenue reporting within Unanet AE.