<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tp/onlinemanual/000341" xml:lang="en">
   <Header>
      <Title>Milestone Method</Title>
      <Keyword type="header" order="d1e2600940">
         <Level1>Milestone Method</Level1>
      </Keyword>
   </Header>
   <AimSection>
      <Paragraph>Select this method to recognize revenue on the basis of
		completion of milestones. You can select this option only for projects
		controlled by activity. The amount linked to the reached milestone is
		considered for revenue recognition.</Paragraph>
      <Paragraph>The Milestone amount and currency must be assigned to the
		milestone in the <Link href="/baanerp/tp/pss/tppss2101s000" role="session">Milestones (tppss2101s000)</Link> session. The <GUIRef href="" role="manual">Milestone Amount</GUIRef> and <GUIRef href="" role="manual">Currency</GUIRef> fields are enabled only if the
		project/extension has the revenue recognition method set to <GUIRef href="" role="manual">Milestone</GUIRef> in the <GUIRef href="/baanerp/tp/pdm/tppdm6100m000" role="session">Projects (tppdm6100m000)</GUIRef> session and <GUIRef href="" role="manual">Extension (tpptc0110s000)</GUIRef> session.</Paragraph>
   </AimSection>
   <GeneralSection>
      <Paragraph>
         <GUIRef href="" role="manual">When to use this method</GUIRef>
      </Paragraph>
      <Paragraph>This method is often used for development projects and projects
		that do not have hardware deliverables. For example, engineering and
		development projects.</Paragraph>
      <Paragraph>
         <GUIRef href="" role="manual">Calculation of revenue recognized</GUIRef>
      </Paragraph>
      <Paragraph>
         <Emphasis>Revenue recognized = Amount of the reached
		milestone.</Emphasis>
      </Paragraph>
      <Paragraph>
         <GUIRef href="" role="manual">Levels at which it can be recognized</GUIRef>:</Paragraph>
      <List>
         <ListItem>Project</ListItem>
         <ListItem>Extension</ListItem>
      </List>
   </GeneralSection>
   <RelatedTopics>
      <SectionTitle>Related topics</SectionTitle>
      <RelTopic>
         <Link href="/baanerp/tp/onlinemanual/000337" role="manual">Revenue Recognition (RR) and Cost of Goods Sold (COGS)</Link>
      </RelTopic>
   </RelatedTopics>
</ManualTopic>