Revenue Adjustments Subtask

Use this subtask to record and maintain an audit trail of revenue adjustments by fiscal year and period.

All revenue amounts on this subtask, up to and including the subperiod for which revenue is being calculated, are summed to arrive at the year-to-date revenue adjustment amount.

Note: If the Restrict Revenue for Closed and N/A Periods checkbox is selected on the Revenue tab of the Configure Project Settings screen and you attempt to make a revenue adjustment for a Closed or Not Available fiscal year/period/subperiod combination, you receive an error message stating that the period is not open. To make the adjustment, you must either select another fiscal year/period/subperiod combination or you must go to the Manage Subperiods screen and change the Status of the subperiod to Open. The subperiod cannot be open unless the fiscal year and period to which it is tied are also open.

Contents

Field	Description
Fiscal Year	Enter, or click to select, a valid fiscal year to record your revenue adjustment amount.
Period	Enter, or click to select, a valid period to record your revenue adjustment amount.
Subperiod	Enter, or click to select, a valid subperiod to record your revenue adjustment amount.
Revenue Adjustment Amount	Enter the revenue adjustment amount for the selected subperiod. All amounts up to and including the subperiod for which revenue is being computed are summed to arrive at the inception-to-date revenue adjustment. A positive amount increases the calculated revenue amount, and a negative amount decreases the calculated revenue amount.
Billing Currency Revenue Adjustment Amount	This field displays the billing currency revenue adjustment amount for the selected subperiod. Note: This field is part of an opt-in feature. For Costpoint Cloud, you can choose to opt in to this feature for the Costpoint 2026.2 release. The ability to opt in is temporary and will be removed when the feature becomes automatically enabled for all users as part of a future Costpoint release. See the Manage Opt-In Features topic for more information. Once you opt in to this feature, it cannot be disabled. You must also be licensed for Multicurrency.
Award Fee Adjustment Amount	Use this field to enter an award fee adjustment. You can enter a positive amount to increase the award fee or a negative amount to decrease the award fee that has been recognized. The award fee adjustment amount is an inception-to-date adjustment. You must use this column to adjust any award fees that were recognized in a prior year, but you can also use it to make adjustments to the current year award fee amount. Amounts entered in this field are not subject to ceilings. Award fee adjustments have been designed to work the same way as revenue adjustments entered in the Revenue Adjustment Amount field. You can adjust award fees recognized in the current year by entering the final award fee amount in the Funded Award Fee column or by adjusting the amount in the Contract Award Fee column. These columns are found on the Award Fee subtask of the Manage Modifications screen. The total amount entered in the Contract Award Fee and/or Funded Award Fee columns is used as a ceiling for award fee calculations. You can use the Award Fee Adjustment Amount field in this screen if you do not want your award fee to be limited by these ceilings.
Billing Currency Award Fee Adjustment Amount	This field displays the billing currency award fee adjustment amount. Note: This field is part of an opt-in feature. For Costpoint Cloud, you can choose to opt in to this feature for the Costpoint 2026.2 release. The ability to opt in is temporary and will be removed when the feature becomes automatically enabled for all users as part of a future Costpoint release. See the Manage Opt-In Features topic for more information. Once you opt in to this feature, it cannot be disabled. You must also be licensed for Multicurrency.
Update	Click this button to calculate the multicurrency amounts. This is disabled when billing levels within the project tree have multiple billing currencies. If there are multiple rate groups within the project tree, Costpoint uses the Default Rate Group on the Configure Multicurrency Settings screen. Note: This field is part of an opt-in feature. For Costpoint Cloud, you can choose to opt in to this feature for the Costpoint 2026.2 release. The ability to opt in is temporary and will be removed when the feature becomes automatically enabled for all users as part of a future Costpoint release. See the Manage Opt-In Features topic for more information. Once you opt in to this feature, it cannot be disabled. You must also be licensed for Multicurrency.
Description	Enter a description of the revenue adjustment amount. This field is required if you entered an amount in the Revenue Adjustment Amount or Award Fee Adjustment Amount fields.