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.

To change your revenue formula:

  1. Manually calculate your inception-to-date revenue using the ETC or EAC formula. 

    After changing the revenue formula, you need this amount to determine whether you have the correct revenue. 

  2. Modify the revenue formula. As soon as you enter a new revenue formula,

    Costpoint displays a message stating that, if you modify the revenue formula, all of the allowable columns for the current fiscal year are deleted. Answer Yes if you are modifying the revenue for the entire fiscal year. If you wish to modify only the revenue amounts for the current period, first change the revenue formula to Do Not Compute and then to the ETC/EC formula

  3. Make any necessary modifications to the ETC amounts in Costpoint Budgeting and ETC. Refer to "Estimate to Complete" for more help in this area.
  4. On the Manage Revenue Information screen, enter the ETC or EAC amount in the field provided.
  5. Recompute the revenue for your project. 
  6. Compare the revenue that Costpoint computed to the revenue that you calculated manually in Step 1.