Revenue forecasting columns

This is your expected final revenue at completion. The calculations vary by assigned billing method. This value is based on the Pay item’s final revenue * a percentage that can be earned by the cost item.

Total cost (to date) + Forecast remaining cost.

For Fixed Final Price, you can select Default and Manual. For Cost Plus, you can select from Earned, Billed, and Manual.

The roll-up revenue forecast method is automatically assigned for parent pay items, and not editable, as all forecast revenue for child pay items rolls up to the parent pay item.

Amount billed to the client for a single pay item.

Lump sum billing method (price agreed upon by a contractor and a client does not change without a contract order).

Forecast final margin / forecast final revenue.

Forecast final revenue – Forecast final cost. This is the total profit you’re forecasting to make at completion of the job.

Forecast final revenue – Forecast revenue earned, revenue remaining to earn.

Forecast final revenue / Forecast take-off quantity, amount of revenue earned per quantity.