Overall Revenue Upset Limits Overview

With Vision's Revenue Generation feature, you have the option to set up an overall upset limit that applies a maximum limit on the job-to-date (JTD) revenue that can be recognized for a project when you run Revenue Generation.

Any amount that exceeds the upset (maximum) amount is posted to an adjustment phase or task.

You set up the upset limit and the adjustment phase or task for a project on the Budget & Revenue tab of the Project Info Center. The upset limit amount can be defined as any combination of the project's compensation, direct consultant amount, or reimbursable allowance.

How JTD Revenue is Calculated

When you run Revenue Generation for a project with an upset limit:

• JTD revenue is calculated as the sum of the revenue for the project's lowest work breakdown structure (WBS) level.

• Vision posts any amount that exceeds the upset limit as a negative amount to the adjustment phase or task. This reduces the project's JTD revenue to equal the upset limit amount.

• If the project's JTD revenue amount is less than the project's upset limit, Vision posts nothing to the adjustment phase or task.

If you use the upset limit at both the project level and the lowest WBS level, Vision applies upset limits at the lowest WBS level first.

The Overall Revenue Upset Limits option is similar to Revenue Generation's additional overall revenue calculation. With the overall revenue calculation, an adjustment is made when the sum of the revenue that is calculated at a project's lowest WBS level is compared with the overall revenue that is calculated at the project level (rather than compared with the combination of a project's compensation, direct consultant amount, and reimbursable allowance).