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Amend percent spent revenue method formula

in Project Management 8 comments

Summary:

We have a business requirement to calculate contract loss provision when actual costs are greater than EAC on percent spent revenue method as soon as it is recognised and also account this transaction separately to a contract provision loss GL account

. Has anyone come across a similar requirement and if so, what was your approach.

Is the formula in percent spent calculation amendable? See screen shot.

If so please can you put me in the direction that can help me to configure this requirement.

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