You know what I am talking about. The "estimated" revenue is always posted in the local accounting currency.
- If a "Percentage of Completion" or a "Completed Contract" fixed fee project has 2 milestones where the second milestone is billed at the end upon the project acceptance,
- and the Project contract currency <> Accounting currency,
- and the project duration is more than one month (or whatever frequency is chosen to import exchange rates),
...then the revenue and the billing amount are never going to match, neither the Billed WIP and Recognized WIP balance accounts.