Forecast amounts by contract group

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.