HI All
in the project navigator, under the revenue TAB there is a field called Posted & Actual revenue.
Understanding is that this will be updated as actual project transactions are added and then authorized (for example: logged time or expenses).
Both fields are not currently being updated and wanted to validate my understanding with the community.
Any feedback that would be helpful would be much appreciated?
Hi
Posted & Actual revenue shows all values from invoices which are printed and/or posted,
For an example if you create a CO and invoiced, that invoiced value will be shown here.
BR,
Tharaka.
Any advice in the case where there is an invoice attached ?
It is a project invoice in this case but field remains blank. Does the invocie need to be paid ?
Hi
You can have a Revenue activity in a Project, could be from an invoice raise against a Customer order or you can create an invoice against project Transactions. Also you can create an invoice from Invoicing Plan.
Next when you posted those invoices i.e. when state set "PostedAuth" those amounts will be there as Posted Revenue.
If you navigate to “Project Invoice” window you can check the connected invoices and in “Activity” window under “Connection” tab you can search revenues connected to a particular activity.
Best Regards,
Tharaka.
Hi
Further to my previous reply, when you update all those connected vouchers to General Ledger(GL) then you will see those amount as Actual Revenue.
Best Regards,
Tharaka.
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