Forecast amounts by contract group
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Sign in as Project Accountant or Project Administrator.
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Select .
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Specify this information:
- Contract Group
- Select a custom group. A custom group is a user-defined
group of contracts to run forecasting. For example, you can group by
contract type.
- 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 not yet
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. Selection group is the business
class group that defines the transaction detail records for
forecasting. You can create groups of expenses to run 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
- Specify if the forecast is for Billing
Only, Revenue Only, or
Both.
- Billing Group
- Optionally, select a billing group. Forecast amounts are
calculated only for funding sources with the billing group.
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Click Submit.