Net Revenue Forecast Submodule

Use the bottom grid of the Net Revenue Forecast submodule under Finance & Administration to change the values in the month columns in the Forecast section for the selected net revenue forecast. WorkBook automatically updates the top grid to reflect the changes to the forecast values that you enter in the bottom grid.

When you enter a value under any of the month columns in the Forecast section of the bottom grid of the Net Revenue Forecast submodule, WorkBook displays a tooltip showing the variance between the price quote amount and your forecast. Depending on the price quote method that you selected in Settings, the net revenue forecast and price quote amount may need to balance for the duration of the forecast. WorkBook checks this automatically.

Related Topics:

  • Display the Net Revenue Forecast Submodule
    You display the Net Revenue Forecast submodule in the General Ledger module under Finance & Administration.
  • Job Tab of the Net Revenue Forecast Submodule (Bottom Grid)
    The Job tab in the bottom grid of the Net Revenue Forecast submodule displays the active and closed jobs for the selected client, and how much the job has cost so far based on the number of hours registered. It also displays, in percentage, how much of the job has been completed, and the expected completion date. The columns on the Job tab uses different formulas to generate values for net revenue forecasts.
  • Pipeline Tab of the Net Revenue Forecast Submodule (Bottom Grid)
    The Pipeline tab in the Net Revenue Forecast submodule retrieves data from your pipeline activities. It also takes into the account the probability rate of each activity when computing for the total revenue. For example, if an activity in the pipeline has a 25% probability of becoming a revenue-earning job, Workbook multiplies the total revenue by .25. The Pipeline tab also displays the status and stage for each activity.
  • Inter-company Tab of the Net Revenue Forecast Submodule (Bottom Grid)
    The Inter-company tab displays the potential transfer of revenue from one company to another in a database with multiple companies, based on the hours delivered by one company to a job that is owned by another company. If the current company owns a job, this particular job can be present in both the Job and Inter-company tabs. You perform the forecast in total on the Job tab, and you deduct what you need to pay to the other company on the Inter-company tab. If the current company delivers hours to another company for a job but does not own the job, you will not see that job on the Job tab. You will see it as income on the Inter-company tab.
Parent Topic: Fields and Options
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