Change a CPFF Revenue Formula to an ETC Revenue Formula
The Cost Plus Fee on Cost or Cost Plus Fee on Hours formulas are transaction-based formulas that store their revenue primarily on the rows in the PROJ_SUM table that have a direct cost account in the ACCT_ID column.
Costpoint calculates the revenue for these formulas by adding the direct and indirect costs and a percentage fee or hourly fee.
The Estimate to Complete (ETC) or Estimate at Completion (EAC) formulas multiply the project's contract value by a percent-complete percentage. Revenue for these formulas is stored on the cost lines to the extent of costs incurred and the difference is stored on the revenue lines of the PROJ_SUM table (revenue plug).
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- How to Change a CPFF Revenue Formula to an ETC Revenue Formula
Follow a few steps to change a CPFF revenue formula to an ETC revenue formula.
Parent Topic: Specific Revenue Formula Modification Instructions