Contents of the Revenue Forecast Settings Form

Use this setting to choose the calculation to use when forecasting revenue. The field labels that display on the Revenue Forecast form depend on the option you select here.

Be aware that if you change the revenue forecast calculation method after planned revenue values have already been entered on the Revenue Forecast form, you should verify that those values represent the elements included in revenue for the new calculation method.

Choose one of the following:

Field Description
Gross Revenue Calculate the total revenue. When selected:
  • JTD Revenue = Gross Revenue. All revenue is included in all revenue calculations.
  • Contract = Total compensation. All portions of the fees on the Compensation tab are included in contract calculations.
Net Revenue includes Direct Consultants Calculate the net revenue including direct consultants. When selected:
  • JTD Net Revenue = Gross Revenue - JTD Reimbursable Expenses @ Cost Amount - JTD Reimbursable Consultants @ Cost Amount
  • Net Contract = Direct Labor + Direct Expenses + Direct Consultants compensation amounts
Net Revenue excludes Direct Consultants Calculate the net revenue excluding direct consultants. When selected:
  • JTD Net Revenue = Gross Revenue - JTD Direct Consultants @ Cost Amount - JTD Reimbursable Expenses @ Cost Amount - JTD Reimbursable Consultants @ Cost Amount
  • Net Contract = Direct Labor + Direct Expenses compensation amounts
Labor Revenue Calculate the labor revenue. When selected:
  • JTD Labor Revenue = Gross Revenue - JTD Direct Expenses @ Cost Amount - JTD Direct Consultants @ Cost Amount - JTD Reimbursable Expenses @ Cost Amount - JTD Reimbursable Consultants @ Cost Amount
  • Labor Contract = Direct Labor compensation amount