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. |
| 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 theFunded Award Fee column or by adjusting the amount in the Contract Award Feecolumn. 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. 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. |