Forecast amounts by contract

Posting Date Selection Range, Through

Specify the posting beginning and through date to select the records. The posting date range is used exclusively for transaction-based billing methods: Cost Reimbursement, Cost Plus, Time and Materials, or Rate Table. The expense transactions that are yet to be billed must have a posting date that falls within the date range.

Transaction Through Date

Specify the transaction through date. If this field is blank, all transactions for the posting date range are selected.

Selection Group

Select a selection group. A selection group is the business class group that defines the transaction detail records to select for forecasting.

As Of Date

Specify the date to use for the forecast date. The as of date is used for fees and event based billing methods: Installment and Milestone. The installment or milestone must be in a To Process status and the installment or milestone date must be less than or equal to the as of date. The project contract and funding dates must be valid for the as of date as well. The as of date is also used for the transactions that are created as a result of running the action. The as of date must be a valid date for the project, POP, etc.

Forecast Option

This field only displays when the Revenue Recognition is Separate. Specify if the forecast is for Billing Only, Revenue Only, or Both.

Project

Select a summary or posting project level to forecast billing and revenue. When a summary project level is selected, all the children for the summary are forecasted. The default value is blank, which forecasts all posting projects and all children for the project contract level.

Billing Group

Optionally, select a billing group. Forecast amounts are calculated only for funding sources with the billing group.