Specify a Project's Revenue Method
For any regular project, you can specify a revenue method.
To specify a project's revenue method (to be used with the Revenue Generation feature), complete the following steps:
- From the Vision Navigation menu, click .
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On the Projects form, click
and select the project on the Project Lookup.
Revenue Generation can be used only with projects whose Charge Type is Regular. If a project has phases or tasks, Vision asks you to specify a revenue method for each phase and task. If you do not want Vision to recognize revenue for a project/phase/task, specify method N.
- Click the Budget & Revenue tab.
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If you track only one unbilled services and one uninvoiced revenue account for Revenue Generation, select a revenue method from the drop-down list in the
Revenue Method.
This list contains the standard revenue methods and any user-defined methods that you create.
When Revenue Generation is enabled and you are tracking one unbilled account, Vision assumes that revenue equals billings by entering revenue method B in the Revenue Method field on the Budget & Revenue tab of the Projects Info Center for all projects whose Charge Type is Regular. You must specify otherwise for each project whose revenue method should not be method B.
- If you use revenue categories to track multiple unbilled services and uninvoiced revenue accounts, use the drop-down lists in the fields in the Revenue Categories section to select the user-defined revenue method for each revenue category.
- Click Save.