Enable Revenue Generation

When you enable Revenue Generation, Vision recognizes project revenue when Revenue Generation is run. If Revenue Generation is not enabled, Vision recognizes project revenue when invoices are posted.

If you use the Multicompany feature, you enable and set up Revenue Generation options individually for each company in your enterprise. For each company, you evaluate Vision's revenue methods, upset limits, revenue groups, and revenue categories features to determine whether or not and how to set them up most suitably for that company. You run Revenue Generation separately for each company in your enterprise.

To enable Revenue Generation, complete the following steps:

1. From the Vision Navigation menu, click Configuration > Accounting > Company Settings.
2. On the Revenue tab, select the Enable Revenue Generation Feature check box.
3. To enable the Revenue Groups and the Overall Revenue Calculation feature, select the Enable additional revenue calculations at Project and group levels check box.
4. To track only one unbilled services account and one uninvoiced revenue account, enter those accounts in the fields above the Enable Revenue Generation Feature check box.
5. To use the Revenue Categories feature to track multiple unbilled services and uninvoiced revenue accounts, select the Enable tracking for this many revenue categories check box, and then select the number of unbilled accounts to track.
6. If you choose to track multiple unbilled services and uninvoiced revenue accounts, enter the unbilled services and uninvoiced revenue accounts for each revenue category in the fields below the Enable tracking for this many revenue categories check box.
7. If Enable entry of fee by  billing category is selected on the Fees tab of the Billing Setup form (Configuration > Accounting > Company Settings), enter in Fee Invoice Billed, for each revenue category, the revenue account to which you want Vision to post fee billed revenue for that revenue category

There are other Revenue Generation configuration steps that you must complete after you enable Revenue Generation in Accounting Company Settings. Deltek recommends that you not make journal entries to any Revenue or Unbilled Services account after Revenue Generation is enabled. When you run Revenue Generation, Vision excludes projects whose revenue method is N.