Overall Revenue Calculation for a Project

For individual projects, you can set up an additional overall revenue calculation at the project level.

The sum of the revenue that is calculated at a project's lowest work breakdown structure (WBS) level is then compared with the overall revenue that is calculated at the project level. The difference is posted to an adjustment phase or task.

You can use the Overall Revenue Calculation feature for individual projects only if you select the Enable additional revenue calculations at Project and group levels check box on the Revenue tab in Configuration > Accounting > Company Settings. With this check box selected, the Calculation option displays in the drop-down list in the Overall Revenue field on the Budget & Revenue tab of the Project Info Center.

For individual projects, you enable the overall revenue calculation option and set up a project's revenue method and adjustment phase or task on the Budget & Revenue tab in the Project Info Center.

The additional overall revenue calculation for individual projects is similar to using Revenue Generation's upset limits. Upset limits allow you to set a maximum limit that the revenue calculation cannot exceed, and any excess is posted to an adjustment phase or task. The maximum limit amount is comprised of any combination of the project's compensation, consultant fee, and reimbursable allowance.