Choosing the Revenue Forecast Calculation Method

Vantagepoint provides several different calculations to use when forecasting revenue. Revenue forecasts use this to determine which amounts to include in all impacted calculations; for example, JTD revenue, backlog, contract, planned, budget amounts, and so forth.

If you have the Resource Planning module, this setting is available in Settings > Resource Planning > Revenue Forecast Settings. The following revenue calculation methods are available:
  • Gross Revenue
  • Net Revenue includes Direct Consultants
  • Net Revenue excludes Direct Consultants
  • Labor Revenue

Before building your revenue forecast, review this selection to make sure it is in line with how you want to recognize the revenue for your projects. You can change the revenue calculation at any time and Vantagepoint automatically updates the columns that are displayed on the Revenue Forecast form. For more information, see Revenue Forecast Calculations.