PJC Module - Accounting method

Where do i see the accounting entries of AP and AR transactions for a project configured as "completed project' in PJC accounting method?

For example, i create a new project in the contract maintenance and set the accounting method as 'completed project'. I start to recognise AP and AR entries for this project.

AR invoices - Dr AR Cr Revenue

AP invoices - Dr COGS Cr AP

Will these entries be posted directly to the above ledgers on the doc date after i post the AR and AP batches?