| # Extension Interim Results (tpptc0130m000) Use this session to view and maintain the settings defined for the interim financial results of the extension linked to the selected project. Primary Scenario Project The code that uniquely identifies the project. Project Status The status of the project. Allowed values Project Status Construction Extension The code that identifies the extension. Extension Status The status of the extension. Allowed values Settlement Status Primary Description The description of the primary scenario. Revenue Recognition Method The revenue recognition method. Allowed values Revenue Recognition Method Percentage of Completion The percentage of completion of the extension. You must multiply this percentage with the extension amount to calculate the revenue to be recognized. Earned Revenue Factor The earned revenue factor. You must multiply this factor with the cost to calculate the revenue to be recognized. Related topics Earned Revenue Factor Method Revenue Recognition Threshold The minimum percentage completion expected before revenue is recognized. Revenue Recognition Limit The limit on the revenue to be recognized. Specify a maximum percentage. Cost of Goods Sold Method The method to calculate the cost of goods sold. Profit Percentage The profit percentage. The COGS is calculated on the basis of this percentage and the revenue recognized. Alternate Scenario Alternate Description The description of the alternate scenario. Revenue Recognition Method The revenue recognition method for the alternate scenario. Allowed values Revenue Recognition Method Percentage of Completion The percentage of completion of the extension. You must multiply this percentage with the estimate at completion (EAC) to calculate the cost to be recognized. Earned Revenue Factor The earned revenue factor for the alternate scenario. Revenue Recognition Threshold The minimum percentage completion expected before revenue is recognized. Revenue Recognition Limit The limit on the revenue to be recognized. Specify a maximum percentage. Cost of Goods Sold Method The method to calculate the cost of goods sold for the alternate scenario. Profit Percentage The profit percentage. The COGS is calculated on the basis of this percentage and the revenue recognized. Calculate Primary Results Calculates the interim result based on the primary setting scenario. Calculate Earned Revenue Factor Calculates the earned revenue factor. Calculate Profit Percentage Calculates the profit percentage. Calculate Alternate Results Calculates the interim result based on the alternate setting scenario. Calculate Earned Revenue Factor Calculates the earned revenue factor for the alternate results. Calculate Profit Percentage Calculates the profit percentage for the alternate results. Change Interim Results Method LN allows the user to modify the interim result calculation method, the Revenue Recognition Method, and COGS Method. Switch Primary and Alternate Results Settings Selects an alternate setting based on which the interim result must be calculated. This option is applicable only if the Extension status is set to Free or Actual. For example, if the Primary scenario is specified, you can select the option to use another setting for the scenario, based on which the interim results are calculated. Consequently, the alternate interim result setting is considered as the primary interim result setting. |