Revenue Forecasting Calculations Overview

Revenue Forecasting enables you to run the calculations for revenue forecasts at the click of a button. The forecasts take snapshots of "live" data in your org to provide you with up-to-date information.

Tip:

From the PSA Administration tab, you can preview the revenue forecast data to see what would be included in a revenue forecast for the selected project if you were to run it now. The previewed data helps you to identify where values in a revenue forecast are coming from. For more information, see Previewing Revenue Forecasts.

The following topics describe how the calculations work for each available recognition method for projects:

• Deliverable Recognition Method
• % Complete Recognition Method
• Equal Split Recognition Method

For information on how the calculations work for opportunities, see Running Opportunity Revenue Forecasts.

You can run the calculations on demand by clicking Run Revenue Forecast on a project or opportunity, or you can schedule them to run automatically at set intervals, such as daily.

For more information, see Running Project Revenue Forecasts and Scheduling Revenue Forecasts.

For general background information on Revenue Forecasting, such as custom objects used, permission sets available, exchange rates, and rounding of values, see Revenue Forecasting Basics.