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author's profile photo Former Member
Former Member

Revenue calculation method without using "Dynamic EAC"

Hello all,

I have a question about the revenue recognition key (SPFC) used on PS.

According to the attachment, the amount of revenue is automatically calculated using Dynamic EAC.

Is there any way to calculate without using Dynamic EAC?

The user wants to calculate revenue using the formula for actual cost / planned cost × planned invoice amount instead of Dynamic EAC

Best regards,

Tomoyuki Suzuki

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3 Answers

  • Best Answer
    Posted on Oct 25, 2019 at 07:44 AM

    Hello Tomoyuki,

    Unfortunately the answer is no. The system calculates EAC as actuals + ETC. If the actuals > plan, actuals become EAC. If an ETC adjustment is made, it will add to the actuals to become the EAC at the work package level. I have been working with a customer looking to take the total project amount, and it is not possible. The system requires each work package to be adjusted accordingly.

    I hope this helps.

    Thank you,

    Joanne

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  • Posted on Oct 25, 2019 at 11:56 AM

    Hi Former Member ,

    Thank you for reaching out to the community. Your question is under review.

    Will check with our team and colleagues and get back to you.

    Kind regards,

    Feras

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  • author's profile photo Former Member
    Former Member
    Posted on Oct 28, 2019 at 02:14 AM

    Hello Joanne,

    Thank you for your comment.

    I understand that the system have to use dynamic EAC.

    About adjustment,

    If the actual > plan, do you mean that ETC adjustment is needed for each work package to use total project plan amount?

    Best regards,

    Tomoyuki

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