This Quick Topic describes the three methods for forecasting fixed price revenue:

  1. Based on revenue being recognized based on the billing dates associated with WBS
  2. Based on the percentage of estimated labor (Unanet plans) compared to the cost or hours budget on a project or task.  Customers that support fixed price projects based on the delivery of milestones must be able to tie the pace of work with the pace of recognized revenue. 
  3. Based on a fixed/custom revenue recognition schedule 


Click here to go to the Knowledge Center for the full article.