By Joseph Clancey, Product Marketing SpecialistWednesday, April 7, 2021 Companies that work on long-term projects, or bill customers at regular intervalsbased on contracts in place, frequently receive payment before the entire projectis complete or the service delivered. Under U.S. generally accepted accountingprincipals (GAAP) and international accounting standards, a business can'trecognize that revenue until it delivers […]