Analyze Forecast
Explanation
Use this activity to analyze amounts in the revenue recognition forecast.
You can graphically analyze accumulated amounts and period amounts. It is also
possible to modify estimated revenue and costs to see the impact on recognized
amounts of projects having Revenue Recognition Method POC Income First
or POC Revenue First. You can also modify POC and accumulated simulated
cost to see the impact on recognized amounts. For projects having Revenue Recognition
Method Event Based, analysis can be carried out by modifying accumulated
recognized cost and revenue.
It is also possible to analyze all revenue recognition forecasts connected
to a particular project.
Prerequisites
- Revenue recognition forecast need to be created.
- POC and the accumulated simulated cost must be updated in order to calculate
recognized amounts for projects having Revenue Recognition Method POC
Income First or POC Revenue First.
- POC, estimated revenue and estimated cost of each event for required
accounting periods must be updated in order to calculate recognized amounts
for projects having Revenue Recognition Method Event Based.
System Effects
- Recognized amounts will be changed according to the POC and accumulated
simulated cost you update in the revenue recognition forecast for projects
having Revenue Recognition Method POC Income First or POC Revenue
First.
- Recognized amounts will be changed in the forecast line when event level
information is updated for projects having Revenue Recognition Method
Event Based.
- Line chart will be displayed based on the accumulated period amounts.