Using revenue codes

Revenue Codes are codes that you can use to categorize amounts you invoice to your customer. As with cost objects, you can define both standard and project-specific revenue codes:

• Standard revenue codes are generic codes that are available to all projects. Use the Standard Revenues (tppdm0515m000) session to define standard revenue codes.
• Project-specific codes only apply to individual projects. Use the Project Revenues (tppdm6115s000) session to define project-specific revenue codes.

Project uses revenue codes to aggregate the invoiced amounts into categories. Each invoice line generated in the Invoicing module must be posted to the project as revenue. After posting, the information is available on the revenue-code level in the Revenue Transactions (tpppc3505m000) session of the Project Accounting module.

• For cost-plus invoicing, assign the revenues of a cost type to revenue codes by using the Assign to Revenue Codes (tppin0810m000) session.
• For unit rate invoicing, assign elements to revenue codes by using the Assign Elements and Activities to Revenue Codes (tppin0820m000) session.
• If there are no revenue codes for a cost object, assign the revenues by using the Assign Cost Types to Revenue Codes (tppin0110m000) session from the Assign to Revenue Codes (tppin0810m000) session.

Print revenue codes

• Use the Print Revenue Codes for Element and Activity Invoicing (tppin0420m000) session to print revenue codes that correspond to Unit Rate invoicing.
• Use the Print Revenue Groups (tppin0410m000) session to print revenue codes that correspond to Cost Plus invoicing.