Costpoint Online Help

Using the Help Search
Using the Help Search
  • Phrase:Returns all topics that contain the exact phrase in the search criteria. Use quotation marks around the phrase.
    Ex."system administration"
  • And:Returns all topics that contain all the words in the search criteria, in any combination. Insert a plus sign between all words in the search criteria.
    Ex.system + administration
  • Or:Returns all topics with any combination of words in the search criteria. This is the default.
    Ex.system administration
For more information:Searching Online Help

Revenue Adjustments Subtask

Use this subtask to record and maintain an audit trail of revenue adjustments by fiscal year, period, and subperiod.

All revenue amounts in this subtask, up to and including the subperiod for which revenue is being calculated, are summed to arrive at the year-to-date revenue adjustment amount.

Note: If the Restrict Revenue for Closed and N/A Periods check box is selected on the Configure Project Settings screen and you attempt to make a revenue adjustment for a Closed or Not Available fiscal year/period/subperiod combination, you receive an error message stating that the period is not open. To make the adjustment, you must either select another fiscal year/period/subperiod combination or you must go to the Manage Subperiods screen and change the Status of the subperiod to Open. The subperiod cannot be open unless the fiscal year and period to which it is tied are also open.

Contents

Field Description
Fiscal Year

Enter, or click to select, a valid fiscal year to record your revenue adjustment amount.

Period

Enter, or click to select, a valid period to record your revenue adjustment amount.

Subperiod

Enter, or click to select, a valid subperiod to record your revenue adjustment amount.

Revenue Adjustment Amount

Enter the revenue adjustment amount for the selected subperiod. All amounts up to and including the subperiod for which revenue is being computed are summed to arrive at the inception-to-date revenue adjustment. A positive amount increases the calculated revenue amount, and a negative amount decreases the calculated revenue amount.

Award Fee Adjustment Amount

Use this field to enter an award fee adjustment. You can enter a positive amount to increase the award fee or a negative amount to decrease the award fee that has been recognized. The award fee adjustment amount is an inception-to-date adjustment. You must use this column to adjust any award fees that were recognized in a prior year, but you can also use it to make adjustments to the current year award fee amount. Amounts entered in this field are not subject to ceilings.

Award fee adjustments have been designed to work the same way as revenue adjustments entered in the Revenue Adjustment Amount field.

You can adjust award fees recognized in the current year by entering the final award fee amount in theFunded Award Fee column or by adjusting the amount in the Contract Award Fee column. These columns are found on the Award Fee subtask of the Manage Modifications screen. The total amount entered in the Contract Award Fee and/or Funded Award Fee columns is used as a ceiling for award fee calculations. You can use the Award Fee Adjustment Amount field in this screen if you do not want your award fee to be limited by these ceilings. 

Description

Enter a description of the revenue adjustment amount. This field is required if you entered an amount in the Revenue Adjustment Amount or Award Fee Adjustment Amount fields.