Upcoming Changes to Using Advanced Revenue Management with Projects

Upcoming Changes to Using Advanced Revenue Management with Projects

  

To improve how Advanced Revenue Management works with projects, NetSuite is enhancing the Percent Complete Override subtab on project records. Your account might be affected by this change, which is targeted for NetSuite 2018.2. What is Changing? [LIST] [*]Values entered on the Percent Complete Override subtab on project records will always be used for actual revenue plans. Previously, actual plans were only affected when the Use Percent Complete Override for Revenue Forecasting preference was enabled on the Financials subtab of the project record. [*]Reductions entered on the Percent Complete Override subtab (for example, when the percentage value in a later period is lower than the earlier one) will result in the appropriate negative adjustment in both actual and forecasted plans. [*]The Use System Percentage of Completion for Schedules preference will now apply to project progress calculations.