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

Setting Up Revenue Information

You must select a Revenue Formula on the Manage Revenue Information screen (or the Revenue Details subtask of the Manage Project User Flow) if you want Costpoint to calculate revenue for the project.

You must also identify any additional information required for that formula (fee percents, fee amounts, fixed or backlog amounts, discount method, and so forth), and determine whether revenue is allowed to exceed the signed value and be posted as at-risk revenue.

In addition, you must set up accounts with a function code of REVENUE and UNBILLED-GENERL (Step 3) to allow for the posting of revenue. Other information required for successful revenue setup includes:

  • Fee Override Information: If the formula selected uses a fee percent (Cost Incurred plus Fee, or Loaded Labor plus Fee), the global Fee Percent that you entered on the Revenue Information screen can be overridden by account (for direct costs) or by pool (for burden costs). For example, if you do not want any fee applied top travel, enter 0 in the Fee Percent field on the Manage Cost Fee Overrides screen (or the Cost Fee Ovrd subtask of the Manage Project User Flow). Note that the Fee Percent overrides can be at any level of the project. Multipliers can be overridden by account on the Manage Multiplier Overrides screen (or the Mult Ovrd subtask of the Manage Project User Flow).
  • Define Which Billing Rate Tables to Use for Time and Material Projects: Because you can set up more than one set of billing rates (Step 7), you must let Costpoint know which set takes precedence for the project by entering sequence numbers and source projects on the Manage Rate Sequence Orders screen (or the Def Rate Seq subtask of the Manage Project User Flow).