Spread Contract Change Order Forecast Amount
Explanation
Cost/revenue spreading is usually done on a 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 forecasted amount using pre-defined
spreading profiles. The pre-defined spreading profiles include linear and s-curve spread. You can also select if
amount columns should be shown for one (base) or more currencies (if multicurrency budgeting and forecasting is
enabled for the project).
Spread type can be selected as Manual or Profile for the particular forecast line depending on the
requirement.
- Manual: Enables manual entry and distribution of costs/revenue for each of the spread periods.
- Profile: Produces a linear or nonlinear distribution of cost/revenue among the periods using a
predefined spread profile.
When spreading with Profile, select one of the following options:
- 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 forecast line.
Prerequisites
- A contract change order forecast line with an ETC amount should exist.
System Effects
- The ETC amount is spread over the accounting periods between (and including) Start Date and End Date.
- The Spread Profile indicator shows if the cost/revenue has been spread into accounting periods.
- The ETC Spread Date Exception Indicates if there are amounts spread outside the Start Date and
End Date.
- If the Start Date and End Date are not specified, the system will retrieve them from the
Project Work Breakdown Structure based on the start and end dates of the project, sub project and activity of the
forecast line.