The following is an overview of how and where the Accrued revenue - Sales valueaccount is applied and what parameter setup is required.

Account type

Profit and loss.

Availability

License code	Configuration code
Project II	Work in process

Transaction type	Project type	Statement type
Hour Item Expense Fee	Fixed-price Time and material	Profit and loss

Transaction type

Project type

Statement type

Hour

Item

Expense

Fee

Fixed-price

Time and material

Profit and loss

Project group: For fixed-price projects, Sales valuemust be selected in the Matching principlelist on the Estimatetab. For time and material projects, revenue must be accrued when fee, hour, item, and expense transactions are posted.
Line property: For time and material projects, the Accrue revenuecheck box on the Generaltab in the Line propertypane must be selected.

Action	What happens
Post journal	The account is credited on time and material projects if the Accrue revenue options on the project group are set to anything other than None.
Periodic, Accrue Revenue	The account is credited on time and material projects.
Periodic, Reverse Accrue Revenue	The account is debited on time and material projects.
Invoicing	The account is debited if revenue has been accrued on the transaction.
Post estimate	For fixed-price projects with the completed percentage assessment principle, the account is credited with a fee transaction that is created when an estimate is posted.
Reverse estimate	Fixed-price projects with the completed percentage assessment principle: When the reversed estimate is posted, the account is debited on the reversed fee transaction.
Elimination	Fixed-price projects with the completed contract assessment principle: When the elimination is posted, the account is credited on the original fee transaction.
Reverse elimination	Fixed-price projects with the completed contract assessment principle: When the reversed elimination is posted, the account is debited with the reversed fee transaction.