Many IT companies use Accounting revenue recognition by project (Folio) percentage of completion status and have different accounting approach for recognized and invoiced revenues.
Therefore, kindly asking to consider "small“ but very important update of Tempo Budget
where calculation method is
REV(PoC Actual) = REV(Total Planned Revenue) * Cost(Total Cost to date) / Cost(Total Planned Cost) - where, REV(PoC Actual) =< REV(Total Planned Revenue)
Such PoC actual revenue is revenue recognized in financial books and therefore used for profit calculation.
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