Examples of User-Defined Revenue Methods When You Use Revenue Categories
When you set up revenue generation to track multiple unbilled accounts using revenue categories, you must create a user-defined revenue method for each revenue category that you set up.
Below are some examples of user-defined formulas that could replace the standard revenue method W or M when you track multiple unbilled accounts.
Standard Revenue Method | Equivalent User-Defined Revenue Methods When Using Revenue Categories |
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Revenue Method W
JTD Revenue = JTD Billings + WIP @ Billing |
Projects that previously used revenue method W could have the following three user-defined revenue methods for labor, consultant, and reimbursable revenue categories:
|
Revenue Method M
JTD Revenue = (JTD Direct Labor x Multiplier) + JTD Reimbursable Expenses |
Projects that previously used revenue method M could have the following three user-defined revenue methods for labor, consultant, and reimbursable revenue categories:
|