Forward revenue forecast
Summary:
Our client uses a third party project planning and scheduling tool and the intention is construct a file with budgets and forecasts data and will feed the information via FBDI uploads to Oracle PFM. Our client would use a current approved forecast in PFM for the purpose of revenue recognition. I have created a project revenue configurator to reflect "percent spent" with a the required calculation formula and linked it to a revenue method in the revenue plan to calculate the revenue recognition amount for the period. Actual revenue is calculated based on contract line project funding amount x percent
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