Standard Revenue Methods

Vision provides standard revenue methods

None of the standard revenue methods uses the operators Subject to Max, Greater of, or Lesser of. To use any of these operators in recognizing revenue for a project, you must specify a user-defined revenue method for the project.

Related Topics:

  • Revenue Method B
    Revenue Method B sets job-to-date revenue equal to job-to-date billings.
  • Revenue Method M
    Revenue Method M recognizes job-to-date earned revenue as job-to-date direct labor cost times a multiplier, plus job-to-date reimbursable expenses at cost rates. It is appropriate for projects billed on an hourly or percent complete basis.
  • Revenue Method N
    A project with Revenue Method N is unaffected when you enable or disable Revenue Generation because Revenue Generation processing ignores N projects.
  • Revenue Method P
    Revenue Method P recognizes job-to-date earned revenue as a percent complete @ billing of the fee, plus job-to-date reimbursable expenses.
  • Revenue Method R
    Revenue Method R calculates the job-to-date earned revenue as the total cash received, excluding value added tax (VAT) receipts.
  • Revenue Method W
    For Revenue Method W, Vision recognizes revenue as job-to-date billings plus work-in-progress at billing rates.
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