Hello, I have a question. We have percent complete projects that are fixed fee and we have some change orders that are generated about a month after the original project closed. The percent complete percent is decreased on the related project because of the additional purchases. Is there a way to prevent the revenue recognition in NetSuite on the change order sales orders from trying to recognize in prior periods?

Are you modifying the original Sales Order or merging the arrangements? Also when it makes adjustments to past periods, it might say it is in that period but revenue will post in the latest open period.

we are keeping them separate but would like the new elements to only be recognized on or after they were created. Any ideas how we can do this?

I see, you are tying the new SO to the existing project and as such the project is driving % complete. If the change order is a separate POB we put it to a new project, if it is a modification of an existing POB then the claw back and adjustment of revenue is correct.

Thanks for your response. What is POB?