A new Billing Type setting for Projects lets you turn your work schedules, as set in your project work plans, into detailed timephased Revenue Forecasts for Fixed Price, Fixed Price Milestone, Time and Material ("T&M"), and Mixed (some items fixed price, some T&M) projects reflecting the billing arrangements set in your contracts with customers.
Based on your Work Plan due dates and their fixed price amounts, you can generate an accurate monthly, quarterly, yearly or multi-year revenue forecasts and simple recognition reports, viewable in:
- Financial Planning views for individual projects
- Crosstab Reports and Dashboards for reporting across projects
Fixed and T&M items in a Project Financial Planning view
Multi-Customer & Cross-Project Revenue Forecast for all Billing Types
Report details including conditional formatting for readability