Set Up an Overall Revenue Calculation for a Project
You can set up the overall revenue calculation at the project level (work breakdown structure 1 level) only.
Prerequisites: You can set up an overall revenue calculation only if you select the Enable additional revenue calculations at Project and group levels check box on the Revenue tab in .
To set up an overall revenue calculation for a project, complete the following steps:
- From the Vision Navigation menu, click , and use the Search field on the Project Info Center form to select the project.
- On the Budget & Revenue tab, select the Overall Revenue check box and select Calculation in the field beside it.
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In the
To Adjust section, enter a phase or phase and task to use as the adjustment phase or task.
When you run Revenue Generation for projects with the Overall Revenue Calculation check box selected, it compares the sum of the revenue that is calculated at a project's lowest work breakdown structure level with the overall revenue calculated at the project level. It posts the difference to an adjustment phase or task.
Deltek recommends that the adjustment phase or task have a:- Status of dormant — You enter the status for a phase or task in the Statusfield on the General tab in the Project Info Center.
- Revenue method of N (No Revenue Recognition) — You enter the revenue method for a phase or task in the Revenue Method field, select the revenue method to use to calculate the overall revenue for a project at the project level when you run Revenue Generation.
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In the
Revenue Method field, select the revenue method to use to calculate the overall revenue for a project at the project level when you run Revenue Generation.
If you use revenue categories to track multiple unbilled services and uninvoiced revenue accounts, the Revenue Categories section displays instead of the Revenue Method field. In the Revenue Categories section, enter the revenue method for each revenue category.
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Click
Save.