Time and Materials Contracts Without Upset Limits

Learn how to calculate accrued revenue for a project with a time and materials contract with no upset limits.

For a project with a time and materials contract that does not have upset limits, use one of these procedures to calculate accrued revenue:

• Run revenue generation with method B specified for the project. Usually you do this at the end of the project's billing cycle.
• Run revenue generation with method W specified for the project.
• Create a user-defined method, specify it for the project, and run revenue generation for the project.