Revenue Reconciliation Inquiry

Use this screen to view and compare general ledger revenue with project revenue for a selected period.

This screen retrieves transactions from general ledger tables and project report tables and provides a clear side-by-side view of revenue totals from both sources, along with the variance, making it easier to spot discrepancies.

This screen functions as an integrated reconciliation worksheet. Instead of manually extracting data from separate General Ledger and project reports and reconciling them in a spreadsheet, Costpoint automatically compares the data in real time based on the criteria you specify.

You can also use this screen to drill into general ledger transactions to view detailed entries that contribute to the revenue total of the project to which they are assigned.

Tip: Costpoint maintains revenue in two ledgers: the General Ledger, which records financial transactions as they are posted, and the Project Ledger, which tracks revenue from a project management perspective. Differences can occur between these ledgers due to posting timing, rate type variations, or configuration differences. This screen helps you identify and understand those differences.

To view the steps on how to use this screen, refer to the Reconcile GL and Project Ledger Revenue special topic.