Method (Milestone Revenue Calculation)

Choose how to calculate milestone revenue:

• Manual: If you choose this method, you must enter the revenue amount on the Revenue Milestones or Estimate Revenue Milestones forms.
• % Over Milestone Cost: The percentage you enter in the Percentage field serves as the markup of the milestone cost. This markup is the revenue that is recognized.
• % Of Project Revenue: This method multiplies the percentage you enter in the Percentage field by the total planned revenue from the Revenue tab of the Projects form.
• Custom: The custom option is a reserved routine to be used if your company requires custom processing. It is delivered as an empty stored procedure (CustRevSp) that you can use for custom calculation routines.

The method you choose also displays on the Audit tab of the Estimate Revenue Milestones and Revenue Milestones forms under the Revenue Calc Method heading.