Revenue Planning 

Use

Revenue planning deals with the revenues you expect to receive in connection with your project as it is executed.

Features

In the Project System, you can use the following planning methods:

·        Manual revenue planning

¡        By work breakdown structure

¡        By revenue element

·        Automatic update of revenue plan values from the billing plan:

¡        In WBS elements

¡        In sales orders

WBS elements in which you want to plan revenues must be flagged as billing elements (Operative Indicators)

You plan revenues in hierarchical planning, by revenue element, with a plus sign (“+”).

All the functions of manual cost planning are also available for manual revenue planning. For more information on planning technique, see Cost Planning .

Revenue Plan Data from Sales Orders

In Project System customizing, you can stipulate, for a project planning profile, that the billing data from a quotation or sales order assigned to a project should update the revenue plan or payment plan for the assigned WBS element.

If you create a sales order referencing a quotation, the matching plan values for the WBS element are updated as required too.

You make this setting by choosing Project System ® Revenues and Earnings ® Planned Revenues ® Automatic Plan Revenue Calculation ® Specify Revenue Plan Update from Sales Document.

The data is recorded on the basis of the:

·        Value and revenue element from the condition

·        Expected billing date from the billing plan or schedule line.

The system then only updates the planned revenues from quotations and sales orders for the project if there is no billing plan for the WBS element.

However, if you have maintained a billing plan for the WBS element, the system only updates the detailed values from the billing plan to the project. Any values already recorded from the SD document are deleted.

This is a change from earlier releases, where the values from the SD document and the billing plan were added together.