Forecast

This form is enabled if the Advanced Job Cost module is in use and is only applicable to forecast job revenue by period over the expected life of the job.

Options Reference

Each option and field on the form is described below. Mandatory options and fields are highlighted in red.

Expected Revenue

This is derived using the job's revenue calculation method.

Revenue Taken (up to period)

This is the total revenue that has already been posted to the general ledger.

Revenue yet to be taken

This is the Expected Revenue less the Revenue Taken.

Unallocated

This is the revenue amount that remains to be taken. The calculation allocates the revenue from this value to the current period. You can allocate this to remaining periods of the job - see Periods below for more information about how this value is determined.

WARNING: You can only edit forecast values in periods following your last posted period. The current value is locked as soon as the revenue is calculated for the current period.

Periods

Job Cost calendar periods display here, from the current period to the one in which the job is complete (based on the Expected Completion date). For each of these, you can enter the expected revenue to recognise. The Unallocated amount updates according to your entries.

Spread evenly

Click this button to spread the unallocated amount evenly over all the periods. This overwrites any existing forecasts per period.

Clear

Click this button to clear the forecast revenue from all periods.