Running Revenue Generation by Project

You can run Revenue Generation for all of your projects at once, or you can select specific projects and run Revenue Generation for only those projects.

You may want to run Revenue Generation on a project-by-project basis in the following situations:

• You discover and correct an error in one project's data. You want to rerun Revenue Generation to accrue revenue correctly for that project.
• You discover and correct a pattern of errors in some projects' data. You want to rerun Revenue Generation to accrue revenue correctly for those projects.
• You decide to adjust a project's revenue method formula to accrue revenue more accurately for the project. You want to rerun Revenue Generation to see the effect of your adjustment.
• Before generating financial statements for an organization's projects, you want to update each project's revenue.
• Before generating financial statements for a project manager or principal, you want to update revenue for all of their projects.
• After posting timesheets, you want to rerun Revenue Generation for projects whose revenue accrual is affected by timesheet postings.
• After updating percent completes, you want to rerun Revenue Generation for projects whose revenue accrual is affected by percent completes.
• You have just posted a large expense transaction for a project, and you want its project reports to reflect this.
• You want to update revenue on all projects using a certain revenue method.