Spread Contract Change Order Forecast Amount

Explanation

Cost/revenue spreading is usually done on a forecast line if the ETC cost/revenue needs to be distributed into specific time periods when they are most likely to occur. It will be possible to spread cost/revenue into accounting periods manually as well as to get assistance with distributing the forecasted amount using pre-defined spreading profiles. The pre-defined spreading profiles include linear and s-curve spread.

Prerequisites

System Effects

Window

Contract Change Order

Related Window Descriptions

Contract Change Order
Contract Change Order/Forecast
Contract Change Order/Forecast/Cost
Contract Change Order/Forecast/Revenue
Spread Forecast Amount

Procedure

Use the following procedure to spread the cost/revenue on a contract change order forecast line:

  1. Open the Contract Change Order window, select the required contract change order and click on the Forecast tab.
  2. Click on the Cost tab or Revenue tab depending on the requirement. 
  3. Query for an existing forecast line for which you want to spread cost/revenue.
  4. In the Start Date field, enter a date on which you want to start the cost/revenue spreading for the particular forecast line.
  5. In the End Date field, enter a date on which you want to end the cost/revenue spreading for the particular forecast line.
  6. In the Spread Type field, use the drop down list to select the type of forecast spreading required for the particular forecast line depending on the requirement:
  7. Click Save.
  8. Right click on the window and then click Spread with Profile.
  9. In the Spread with Profile dialog box, select one of the following options:
  10. Click OK.

Use the following procedure to view or modify complete details on the cost/revenue spread:

  1. Select single or multiple budget/forecast lines from the Cost tab or Revenue tab in the Contract Change Order/Forecast tab. Right-click and then click Forecast Spread Details
  2. In the Forecast Spread Details window, use the arrows to modify the number of periods in No. of Periods field of the Display Properties area for which the cost/revenue spread should be displayed.
  3. Modify the From and To Periods using the arrows if required.
  4. Modify the cost/revenue in each accounting period if required in Cost and/or Revenue tabs.
  5. Select the currency from the Display Currency list in which the amounts should be displayed.
  6. If a manual update of a period amount in the window results in recalculating the period amounts of the same period in other currencies, select the Update Other Currencies check box.
  7. Click Save.