Equal to Deliveries

The amounts in the Delivery Amount column on the Manage Project Bill Summary screen are summarized, up to and including the period being calculated, to arrive at the ITD Delivery Amount.

Revenue recognized for the fiscal year, up to and including the current subperiod being calculated in the PROJ_SUM table, is summarized.

Revenue for all fiscal years before the fiscal year being computed is summarized using the revenue amount on the Manage Prior Year Cost and Revenue screen. The sum of these two values is subtracted from the ITD Delivery Amount to arrive at the amount of ITD revenue not yet recognized. The PROJ_SUM table is updated with this amount. The ITD number is compared to either the total contract ceiling or the funded value ceiling found on the Manage Total Ceilings screen.

If the ITD revenue exceeds the total project ceiling, the amount over the ceiling is posted to the owning organization in the subperiod being calculated as an over-the-ceiling amount. This reduces revenue to the ceiling amount.