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How Revenue is calculated
Planned Labor Revenue | Planned Revenue | Actual Labor Revenue | Actual Revenue | ||
Task | No Billing | It is 0 since this is a Fixed Price | It is 0 since this is a Fixed Price | Approved Time entries which are billable | Actual Labor Revenue + Task’s Fixed Price + Approved Expenses (billable) |
With Fixed Price | It is 0 since this is a Fixed Price | This is always equal to the Fixed Price amount of the task | Approved Time entries which are billable | Actual Labor Revenue + Task’s Fixed Price (after it is completed) + Approved Expenses (billable) | |
With Time & Material | Resources Planned Effort * Bill Rate | Resources Planned Effort * Bill Rate | Approved Time entries which are billable | Actual Labor Revenue + Approved Expenses (billable) | |
Project | With Any Billing type | Sum of all its tasks | Sum of all its tasks | NA | Sum of all its tasks |