Plan Project Cost and Revenue

Explanation

Perform this activity when you want to calculate the total profit and margin of your project. You should enter the total cost and revenue for the project in order to have the system calculate the profit and margin

In addition the system accumulates the actual cost and revenue posted on this project. The actual values are derived from Project Reporting. If the project is used for revenue recognition the planned cost and revenue that is entered in this window will be used as the estimated cost and revenue in the revenue recognition process.  

Prerequisites

System Effects

Window

Project/Margin

Related Window Descriptions

Project/Margin

Procedure

  1. Enter planned cost and revenue.
  2. The system calculates profit and margin directly.
  3. Cost and/or revenue values can be changed whenever you desire.