Choose the Revenue Forecast Calculation Method

Choose which portion of revenue to use for your revenue forecast. The values that are calculated and the column labels that display on the Revenue Forecast form depend on the global revenue forecast calculation option that 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.

To choose the revenue forecast calculation method:

  1. In the Navigation pane, select Settings > Resource Planning > Revenue Forecast Settings.
  2. On the Revenue Forecast Settings form, select one of the following options to determine which amounts are included in calculations in the revenue forecast application.

    OptionEffects
    Gross Revenue
    • 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
    • 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
    • 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
    • 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