Actual Revenue MethodSelect this method to recognize revenue on the basis of the revenue amount. The recognized revenue is calculated on the basis of different revenue components such as expected revenue, invoiced revenue and forecasted revenue. Note The revenue components are included only when the corresponding check boxes are selected in the Generate Interim Results (tpppc3250m000) session. The calculation of the expected revenue depends on the invoicing method of the project and the extension. Calculation of revenue recognized Recognized revenue = Expected revenue + Forecast revenue. Note The invoiced revenue of manually entered revenues is not included. That is the revenue entered in the Revenue Entry (tpppc3800m000) session. Invoiced revenue is visible in the Revenue Transactions (tpppc3805m000) session. Forecast revenue is the revenue entered in the Revenue Forecast (tpppc3816m000) session. The calculation of expected revenue depends on the invoicing method of the project and the extension. The following table displays the expected revenue for the various invoicing types and the contract types of a contract line:
The following table displays the expected revenue for the various invoicing types and the extension:
Levels at which it can be recognized:
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