User-Defined Revenue Setup

Revenue methods are used to calculate revenue when you run Revenue Generation. Deltek includes standard revenue methods. You can also set up new revenue methods.

If you select the Enable option to update BTD for journal entries to revenue option on the General tab of Advanced Accounting System Settings, users system-wide can make journal entries which also increase the job-to-date billed amount used by Revenue Generation in calculating project revenue.

Your company might select this billed-to-date option if both of the following apply:

  • You have projects using Revenue Method B, W, or any user-defined method that includes JTD Billings in its formula.

  • You are adjusting the project's revenue by posting a journal entry that references that project and a revenue account, for example, when recording miscellaneous revenue.

Related Topics:

  • How to...
    After you enable revenue generation, you can create or modify user-defined revenue methods. You can also review the Revenue Method List to make sure that you have the revenue methods in place that your enterprise needs.
  • Fields and Options
    On the User Defined Revenue form you review standard methods and existing user-defined methods. Use the Revenue Methods dialog box to create new user-defined revenue methods.
  • Learn More About...
    You may find it helpful to see examples of user-defined revenue methods, learn about standard revenue methods, and review the fields and operators available for creating revenue methods.
Parent Topic: Advanced Accounting Settings