Costpoint Online Help

Using the Help Search
Using the Help Search
  • Phrase:Returns all topics that contain the exact phrase in the search criteria. Use quotation marks around the phrase.
    Ex."system administration"
  • And:Returns all topics that contain all the words in the search criteria, in any combination. Insert a plus sign between all words in the search criteria.
    Ex.system + administration
  • Or:Returns all topics with any combination of words in the search criteria. This is the default.
    Ex.system administration
For more information:Searching Online Help

Cost Incurred Using Estimate at Completion (Funded Value)

Costpoint first calculates the allowable estimate at completion (EAC) amount.

The program subtracts the inception-to-date (ITD) revenue loss amount on the Manage Revenue Information screen, if any, from the EAC amount also on the Manage Revenue Information screen.

Next, it calculates the ITD percent complete by dividing the ITD allowable cost by the allowable EAC amount. Costpoint multiplies this percentage by the funded value for the project at the level of the revenue formula to get the ITD revenue before loss. It then subtracts the ITD revenue loss amount, if any, from the ITD revenue before loss to get the final ITD revenue.

Costpoint calculates the previous year-to-date (YTD) revenue recognized by adding the revenue in the project ledger for the current fiscal year up to and including the subperiod being calculated. Next, it sums the revenue from the prior year table for fiscal years earlier than the selected fiscal year, and adds that value to the YTD revenue previously recognized to get the ITD revenue previously recognized. Costpoint then subtracts the ITD revenue amount previously recognized from the ITD revenue to recognize to get the ITD revenue not yet recognized; this amount can be positive or negative.

If the ITD revenue exceeds the total project ceiling, the over-ceiling amount is recognized, and reduces revenue to the ceiling amount.