Page Comparison

Earned Revenue Accrual

Screen Label

Sample Values

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Budgeted Revenue

12000

Revenue Budget from Budget Lines (local Currency)

Budgeted Cost

10000

Cost Budget from Budget Lines

Budgeted Profit

2000

Budgeted Revenue - Budgeted Cost

Budgeted Profit Markup % on Cost

20.00%

Budgeted Profit / Budgeted Cost

Budgeted Profit Margin % on Sales

16.67%

Budgeted Profit / Budgeted Revenue

Time Costs

500

Cost of all Time Activity transactions to current Year/Period

Other Costs

1000

Cost of all Non Time Activity transactions current Year/Period

PO Accrual at Cost

200

PO Accruals for current Year/Period from PO Accruals table (If used. If PO Accrual used then AP Voucher Accruals is not used)

AP Voucher Accrual at Cost

AP Voucher Accruals for current Year/Period from PO Accruals table (If used. If AP Voucher Accrual used then PO Accruals is not used)

Cost Accrual - General

10

Manually entered Cost Accrual if required

Total Cost to Date

1710

Time Cost + Other Costs + PO / Voucher Accruals at Cost

Actual % Complete on Cost

17%

Total Cost to Date / Budgeted Cost as percentage

Adjusted % Complete on Cost

20%

Manual entry if different to Actual % Complete on Cost. Defaults to Actual % Complete on Cost

Earned Revenue on Adjusted % Complete

2400

Adjusted % Complete on Cost * Budgeted Revenue

less Profit Retention

10%

-69

Percent of Budgeted Profit to be retained. Auto calculated from Charge Type Profit Retention % value. Always negative. Calculation is Profit Retention % *( Earned Revenue on % Complete - Total Cost to Date). Values are Read Only

Assessed Revenue

2331

Earned Revenue on Actual % Complete + Profit Retention (-ve)

Threshold Revenue

10%

Take no profit if Adjusted % Complete on Cost < Threshold Revenue % . Calculation is Total Cost to Date if Adjusted % Complete on Cost < Threshold Revenue % (from Charge Type Threshold Revenue % value ) else Null

Declared Revenue

2331

If Threshold Revenue is not null then lesser of Assessed Revenue and Threshold Revenue, else Assessed Revenue

Revenue Adjustment - General

100

Manually entered Revenue adjustment

Adjusted Revenue

2431

Declared Revenue + Revenue Adjustment

Actual Invoicing

2500

Invoicing up to and including current period before tax and before retentions

WIP Revenue Accrual

-69

Adjusted Revenue - Actual Invoicing

Profit Taken to Date

621

Adjusted Revenue - Total Cost to Date

Loss Provision

0

If Budgeted Profit is negative then Budgeted Profit else Null. Can be manually adjusted