Cost and Revenue Processing

Use Costpoint Cost and Revenue Processing to set up your cost pools, allocation groups, and pool processing sequence.

You can compute rates and cost allocations for both pools and service centers, compute burden cost, load labor rates, compute revenue, compute billing value of cost incurred, compute multi-job allocations, apply discount amounts, and post revenue.

Costpoint Cost and Revenue Processing handles more indirect cost allocation methodologies than any other software solution and provides sophisticated revenue calculations for numerous project types, including time and materials, fixed price, multipliers, and cost reimbursable.

Warning: Costpoint has four new tables that improve the processing performance of the Compute Revenue and Calculate Standard Bills applications. If you are upgrading from Costpoint 5.x, you must run the Synchronize Project Performance Tables utility to add existing project data to the four new tables. You must also run this utility if you upload data using scripts. You may also want to run this utility at month end, before calculating revenue or standard bills, to ensure that the performance tables are in synch. Please see the documentation for the Synchronize Project Performance Tables utility for more information.

The new tables are: Project Hierarchy (PROJ_HIERARCHY), Source Project Mapping (PROJ_SRCE_PROJ), Invoice Level Mapping (PROJ_INVC_PROJ), and Revenue Level Mapping (PROJ_REV_PROJ).