Budget or Forecast Amount
Explanation
Cost/revenue spreading is usually done on a budget/forecast line if the ETC cost/revenue needs to be distributed
into specific time periods when they are most likely to occur. It will be possible to spread cost/revenue into
accounting periods manually as well as to get assistance with distributing the budgeted/forecasted amount using
pre-defined spreading profiles. It is only possible to spread the part of the ETC that is not connected to a
resource forecast or a contract change order.
Following options are available to choose from, when spreading with profile;
- Use Spread Profile from Line: Spreads cost/revenue as defined on the budget/forecast line.
- Override Spread Profile on Line: Enables the selection and entry of spread profiles different from
those defined on the budget/forecast line.
The cost/revenue spread amounts can be viewed and modified in Forecast Spread Details.
Prerequisites
- A project budget/forecast line with an ETC amount that has not only been generated from resource forecast
connections, should exist.
- The Cut-Off Date specified on the project budget/forecast version should reside on an accounting
period that exists for the company of the project.
System Effects
- The adjusted part of the ETC amount is spread over the accounting periods between (and including) Start Date
and End Date.
- The Spread Profile option is selected to indicate that the cost/revenue has been spread into
accounting periods.
- The ETC Spread Date Exception is switched on if there exists amounts spread outside the Start
Date and End Date.
- If the Start Date and End Date are not specified, the system will fetch them from the Project
Work Breakdown Structure based on start and end dates of the Project, Sub Project and Activity of the
budget/forecast line.