Specify a Project's Revenue Method

For any regular project, you can specify a revenue method.

To specify a project's revenue method (to be used with the Revenue Generation feature), complete the following steps:

1. From the Vision Navigation menu, click Info Center > Project.
2. On the Projects form, click and select the project on the Project Lookup.

   Revenue Generation can be used only with projects whose Charge Type is Regular. If a project has phases or tasks, Vision asks you to specify a revenue method for each phase and task. If you do not want Vision to recognize revenue for a project/phase/task, specify method N.

3. Click the Budget & Revenue tab.
4. If you track only one unbilled services and one uninvoiced revenue account for Revenue Generation, select a revenue method from the drop-down list in the Revenue Method.

   This list contains the standard revenue methods and any user-defined methods that you create.

   When Revenue Generation is enabled and you are tracking one unbilled account, Vision assumes that revenue equals billings by entering revenue method B in the Revenue Method field on the Budget & Revenue tab of the Projects Info Center for all projects whose Charge Type is Regular. You must specify otherwise for each project whose revenue method should not be method B.

5. If you use revenue categories to track multiple unbilled services and uninvoiced revenue accounts, use the drop-down lists in the fields in the Revenue Categories section to select the user-defined revenue method for each revenue category.
6. Click Save.