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Title: Managing Methods for Forecasting Fixed Price Revenue

Brief description:

This Quick Topic section describes the three methods for forecasting fixed price revenue:

  1. Based on revenue being recognized based on the billing dates associated with WBS.
  2. Based on the percentage of estimated labor and expenses (Unanet plans or assignments/budgets) compared to the cost or hours budget on a project or task. Customers that support fixed price projects based on the delivery of milestones must be able to tie the pace of work to the pace of recognized revenue. 
  3. Based on a fixed/custom revenue recognition schedule.

What’s covered in this document:

Additional Information

Help Docs - Project Billing - Fixed Price

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