Costpoint compares the amount entered on the Manage Revenue Information screen to the sum of all period-to-date revenue in the project revenue ledger for the period being computed.

It then subtracts the sum of current period revenue from the amount entered on the Manage Revenue Information screen to arrive at an amount of current period revenue not yet recognized. The revenue ledger is updated with this amount. Prior year revenue from the Manage Prior Year Cost and Revenue screen is subtotaled, as is revenue posted to periods less than the period being computed.

Costpoint adds the two subtotals to arrive at an inception-to-date revenue amount. Costpoint compares this inception-to-date number to either the total contract ceiling or the funded value ceiling on the Manage Total Ceilings screen.

If inception-to-date revenue exceeds the total project ceiling, the amount over the ceiling is posted to the owning organization in the subperiod being calculated as an over the ceiling amount. This reduces revenue to the ceiling amount.