BR130
BR130 - Revenue Calculation

Run Revenue Calculation (BR130) to calculate revenue for the activities you select. Revenue is calculated for the method and level you specify for all revenue-recognizing activities of a contract. The balance on the revenue level activity is evaluated to determine whether there is a balance in the billed or unbilled account categories. **More Information NOTE When the revenue method is Percent Complete (Method B - Gross Margin) or Completed Contract (Method B - Gross Margin) and you define the revenue accounts as an account and subaccount rather than a General Ledger code, revenue is calculated using the Project Accounting GL Accnt Unit Master file cost balances instead of the total cost amount from the Percent Complete file. The gross margin calculation for revenue recognition is based on the following formulas: Gross Margin % = Gross Profit / Contract Amount Revenue = 1 / (1 - Gross Margin %) x Costs to Date

Updated Files
ACACTIVITY - No Description Available.
ACBILL - No Description Available.
ACBILLX - No Description Available.
ACCEILINGX - No Description Available.
ACCNTRACT - No Description Available.
ACCNTRCAT - No Description Available.
ACFEEBAL - No Description Available.
ACFEEDTL - No Description Available.
ACGLTOTREV - No Description Available.
ACMILESTNX - No Description Available.
ACTRANS - No Description Available.
ACTRANSERR - No Description Available.
ADDRDATA - No Description Available.
CKPOINT - No Description Available.
IFMONITOR - No Description Available.
MXELEMENT - No Description Available.
MXLISTHDR - No Description Available.
MXLISTMBR - No Description Available.
SUBCKPOINT - No Description Available.
SYSTEMCODE - No Description Available.



Referenced Files
None.



INVOKED Programs
ACSR
IFAC
ACAC
ACTA
API4
IFCU
IFOB
IFSG
IFLU
IFUP
SLSE
SLSU
IFFC
IFGT
GLCC
IFAU
IFRS
IFSC
SLSB
SLSS
IFIM
IFJR
SLFD




File created: Thu Jun 09 11:11:24 2016

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