Learn about Redwood and be one of the first to join the conversation

Visit Redwood Community
Actual Margin percentage formula for Actual Margin infotile from Manage Budget Version — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Actual Margin percentage formula for Actual Margin infotile from Manage Budget Version

Accepted answer
41
Views
6
Comments

Summary:

The actual Margin percentage formula in the Actual Margin infotile from Manage Budget Version screen is not using the

actual margin percentage formula from user guide Summary Revenue Amounts (oracle.com)

In User guide the Actual margin = (actual project revenue -actual cost) but in infotile the formula is

actual margin = (actual project revenue - actual cost - commitments)

This is creating problems with Project managers who are reviewing the project performance because we are recognizing revenue based on actual percent spent (actual cost) and in this case because of the commitments included in the infotile formula the displayed actual margin is distorted showing negative values.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!